Obama's economic advisor calls for global minimum tax

[petch751]

Originally Posted by MTAtech

No, the u.s. has the highest statutory corporate tax rate. The rate corporations now actually pay is near historical lows. The notion that unless we give corporation a tax free-ride there won't be investment money around has no historical support. Corporations used to pay far higher amounts and we still had large investment in production.

It depends on who you are. If you are big business with lots of money to pay advisers and make moves then possible. If you are a small business you're pretty much screwed.

[pghquest]

Warning: The following poster is trying to distract from the thread

Originally Posted by MTAtech

No, the u.s. has the highest statutory corporate tax rate. The rate corporations now actually pay is near historical lows. The notion that unless we give corporation a tax free-ride there won't be investment money around has no historical support. Corporations used to pay far higher amounts and we still had large investment in production.

Who the hell is suggestin corporations get a free ride? This thread isa bout NEW tax proposals, now a GLOBAL scale..