Bloomberg: Sorry America, Your Taxes Aren’t High

I heard a similar conclusion regarding corporate taxes at the Global Asset Management Education conference a few weeks ago in New York: Although the top marginal business tax rates are high, the “tax take” (I.e., tax dollars actually paid by corporations) is not high thanks to tax credits, loopholes, and creative accounting. So why harp on taxes when there is evidence indicating tax bills are just fine relative to the rest of the world…for both individuals and corporations?

Sorry America, Your Taxes Aren’t High
Bloomberg

But if you disagree, think about moving to Chile or New Zealand. Read the full story

Shared from Apple News

Advertisements

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s