Thread: Tax bill
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Old 12-21-2017, 04:45 PM   #84
Giantone
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Join Date: Apr 2006
Posts: 14,307
Re: Tax bill

Quote:
Originally Posted by Schneed10 View Post
OK now that I'm done embarrassing Giantone, let me talk plainly about why bringing cash back from overseas, as it relates to the corporate tax rate, will be so incredibly helpful to our economy. Free education for anybody who's interested.

Until the tax bill went through yesterday, the US Corporate tax rate was 35%. That was way higher than the corporate tax rate in other nations. Ireland is 12.5%. Canada is 15%. China is 25%.
Sorry, I am to old to get embarrassed ,deal with it.

Trump says the U.S. is the highest taxed country in the world. No, it's not. - Oct. 12, 2017

Is US highest taxed country, as Trump claims? - Business Insider
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