Wednesday, March 4, 2009

2010 Corporate Tax Rate: US = 46.2%, China = 25%

Looking toward 2010, if President Obama and Congressional Democrats keep their promises, we will witness the once unthinkable: free-market America will tax its companies at 46.2%, almost double the rate of state-controlled (Communist) China at 25%. As the world's largest economies continue to embrace lower corporate tax rates, a friendlier business environment, and greater prosperity for their people, the US will move backwards to the failed policies of the past, of punitive taxation and mediocre growth at best.


DEFINITION OF TAX: To strain or push to the point of exhaustion.



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