Admiral Rockwell Tory
Diamond Member
It is a global economy. Now compare it to the rest of the world.well we know what the corporate tax rate was under obummer, what was his GDP it proves your fking post wrong idiot.what was obummer's GDP over eight years? you should post up his numbers to show your genius.
What was the corporate tax rate? I mean do try to keep up. I never even mentioned Obama. I said the lower the corporate tax rate the lower GDP growth. And by corporate tax rate, I mean EFFECTIVE corporate tax rate, which has been declining since 1955. So has GDP growth.
You really ought to do a little research before spouting off your mouth.
Fyi... The evil energy companies pay the highest effective rate of any sector.
The effective corporate tax rate does compare favorably to the rest of the world. It is right at the average. And I got to ask, if the stated corporate tax rate is such a big deal how come companies are falling all over each other, including Trump's companies, to do business in Dubai. The corporate tax rate in the UAE is higher than ours. If your argument was worth a shit, well no companies would be doing business over there. Instead, it is one of the hottest spots in the world.
If you can make more money there because of the all the rich Arabs, despite the high taxes, why not?