Tuesday, February 1, 2011

Corporate Tax Rate and Efficiency


The GOP complains about the corporate tax rate which is higher than many countries. However, few companies pay the 35% tax rate. They find lots of ways to legally avoid taxes. One of the problems, other than the falling contribution to taxes by corporations, which shifts the burden elsewhere, is that many corporations make bad business decisions because they are trying to cut taxes rather than thinking about the business decision.

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