Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: upchuck
...corporate rates should be zero and what a boon that would be to the US economy. Companies would be moving here to escape onerous rates at home.

Most people don't remember that, about 30 years ago, the US had lower corporate tax rates (and overall government expenditures) than most other countries. We were proud of how well we were doing, and recommended that other companies copy our policies. They did for corporate tax rates (although this didn't affect overall European spending), while our government greedily went in the other direction as our welfare state expanded.

12 posted on 08/31/2014 12:17:54 PM PDT by Pearls Before Swine
[ Post Reply | Private Reply | To 6 | View Replies ]


To: Pearls Before Swine; upchuck

minor typo: I meant “other countries” copy our policies, rather than “other companies”. Apologies for the auto-pilot typo error.


14 posted on 08/31/2014 12:21:28 PM PDT by Pearls Before Swine
[ Post Reply | Private Reply | To 12 | View Replies ]

To: Pearls Before Swine

That country of 30 years ago longer exists. It’s not coming back with these demographics.....


15 posted on 08/31/2014 12:21:47 PM PDT by LongWayHome
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson