ECSNorway Wrote:Corporate taxation in the US ranges between 40 and 50 percent, varying slightly by state. It is the single highest corporate tax rate in the world. And every penny of that gets passed on to the consumer in the form of higher prices, while corporations move overseas in order to take advantage of vastly lower labor costs in Asia and lower corporate tax rates in many countries.Perhaps you could explain why prices in the USA are lower than prices in Canada, Japan, and the UK, if this is true...
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Rob Kelk
"Governments have no right to question the loyalty of those who oppose
them. Adversaries remain citizens of the same state, common subjects of
the same sovereign, servants of the same law."
- Michael Ignatieff, addressing Stanford University in 2012