“I’ve made the point before that the United States foolishly imposes the highest corporate tax rate of all developed nations. But that obviously means it is theoretically possible for there to be a nation in the developing world that has a higher corporate tax rate. It’s not China, which is nominally still a communist nation (though apparently with more of a pro-business mentality than the United States). It’s not Venezuela or Argentina, corrupt and thuggish Latin American nations. And it’s not Zimbabwe, a statist kleptocracy in Africa. The one nation in the world which is worse than the United States is the United Arab Emirates, with a corporate rate of 55 percent.”
Related posts:
Bitcoin Exec Arrested For Not Spying Enthusiastically Enough
Americans Forced to Close Their Intrade Accounts
Former California cop arrested for raping prostitutes while in uniform
Son of ex-American abroad: 'It’s like watching a house on fire'
‘Most members of Congress have not even seen the secret legal interpretations’ behind FISA
Medical marijuana proprietor gets 10-year prison sentence
Dear brands: stop remembering 9/11
Jim Rogers: Don’t Sell Your Gold and Silver Coins
Egypt Crumbling: “The Most Important Event so Far of the 21st Century”
New exchange leaves Bitcoin regulation up to Wall Street bankers
0-day bug in fully patched OS X comes under active exploit to hijack Macs
LAPD Detains Photographer For 'Interfering' With Police From 90 Feet Away
Vigilante Detroit residents attack suspected rapist after police fail to act
NYPD’s ‘Stop and frisk’ tactics ruled unconstitutional by federal judge
FBI informant armed and trained Black Panthers