SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (546432)2/15/2010 12:45:25 PM
From: tejek  Read Replies (1) | Respond to of 1575034
 
The corporate tax rate is the highest in the chart. The individual tax rate excludes state rates (which some of the other countries don't have and which can be over 10% in the US, Swtizerland's figure in your chart has to include them since its federal rate is much lower than the US's, but it doesn't include state tax in the US or our figure could be as much as 10 percentage points higher), is still higher than several other wealth countries, and close to others, so your -"They pay much less than the wealthy in other nations" comment is false.

Okay, let's trade. Lower the corp. rate and raise the tax on the rich to a reasonable level. How much you want to bet we see a big jump in revenue?