All
politicians want the creation of jobs. Some of them want corporations
to pay their “fair share” of taxes while producing work
openings.
But U.S. corporations pay more corporate taxes than all other world corporations. So how are they to compete in the world markets?
Furthermore, our Keynesian politicians spend and spend and print more paper money to stimulate the economy. Yet, U.S. corporations have about $1.7 trillion in overseas earnings that they do not bring back because those earnings, already taxed overseas, would be taxed again by Uncle Sam.
But U.S. corporations pay more corporate taxes than all other world corporations. So how are they to compete in the world markets?
Furthermore, our Keynesian politicians spend and spend and print more paper money to stimulate the economy. Yet, U.S. corporations have about $1.7 trillion in overseas earnings that they do not bring back because those earnings, already taxed overseas, would be taxed again by Uncle Sam.
- A reduced U.S. tax rate would provide much of those funds as a genuine stimulus. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter)
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