Free Republic

We've just released a new study on corporate taxation around the globe. Bottom line: the U.S. is a global leader in yet another area—high corporate tax rates... The United States has the highest overall corporate income tax rate (39.3 percent combined federal and sub-federal) among all countries in the Organization for Economic Cooperation and Development (OECD) (see table below). Japan (39.0 percent) and Germany (38.9 percent) have the second and third highest corporate income tax rates. The nation with the lowest corporate income tax rate in the OECD is Ireland (12.5 percent).

US Senate candidate urges Mexico reforms Los Angeles, CA, Oct. 11 (UPI) -- A candidate for the U.S. Senate Monday called on Mexico to improve its economy and, therefore, reduce illegal immigration to the United States. Republican Bill Jones, who is challenging incumbent Democrat Barbara Boxer for one of California's two Senate seats, said Mexico needed to improve its education, reduce corruption and improve its investment climate in order to create more jobs for Mexican citizens who currently look to the United States for their futures. In remarks to the California Narcotics Officers' Association, Jones said labor and energy costs...