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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (526831)11/7/2009 3:25:03 PM
From: tejek  Read Replies (1) of 1574681
 
How do you think we paid for two wars and tax cuts to the rich? More fukked up policies by the Bush administration.

We used to have some of the lowest corp. tax rates in the industrialized world.

>> The US has some of the lowest tax rates of any industrialized nation.

As usual, you have no ideea WTF you're talking about.

Countries all over the world -- including China and numerous European countries, have come to the conclusion that if they want to attract investment they can best do it through fostering a better business climate.

This is why places like Germany and Sweden are now making substantial cuts in tax rates, and in the process they'll suck the investment dollars right out of the USA.

Deregulation has the same effect and they're doing that, too.
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