lordmandeep on 21 November 2011
See this is where I think many people are not thinking clearly.
American corporate tax rates are actually high compared to the rest of the world. Its higher than Canada (as of now) and even North European Countries.
You know what the issue is, those countries collect taxes from corporations and a decent portion of total revenues is from corporate taxes.
Its just that the US has so many loopholes and lax rules that allow corporations to not pay little to no tax.
