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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (526834)11/7/2009 10:45:35 PM
From: i-node  Read Replies (2) of 1574679
 
>>> We used to have some of the lowest corp. tax rates in the industrialized world.

If this country is to be competitive in a global economy we can't beat up businesses who want to locate here. They'll just go somewhere else.

Do you think that's a good thing? Do you think businesses are run by idiots? Corporate income taxes are paid by a corporation's customers or shareholders, depending on what your beliefs are. Either leaves the businesses at a competitive disadvantage that cannot be overcome.
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