You may not know this GPC, but once Germany's corporate tax cuts take effect (at the end of the year I believe), the US will have just about the highest corporate tax rates in the fabled "Western World" at 38%. They need to be cut to keep the US competitive for global capital, it's just that Bush shouldn't tackle this subject (or any others for that matter), because whatever subjects the tackles immediately turn into intractable "issues". Now that he's finally pronounced himself on the equity markets and on the exchange rate value of the US-Dollar these two can consider themselves jinxed too.
1 comment:
You may not know this GPC, but once Germany's corporate tax cuts take effect (at the end of the year I believe), the US will have just about the highest corporate tax rates in the fabled "Western World" at 38%. They need to be cut to keep the US competitive for global capital, it's just that Bush shouldn't tackle this subject (or any others for that matter), because whatever subjects the tackles immediately turn into intractable "issues". Now that he's finally pronounced himself on the equity markets and on the exchange rate value of the US-Dollar these two can consider themselves jinxed too.
Post a Comment