We now have the distinction of having the highest Corporate Tax Rate in the world. Sunday marks the day when the United States accepts the crown for the corporate tax king of the industrialized world. No, it's not an April Fools' joke. When Japan officially chops its rate down to 36.8 percent Sunday, the U.S. becomes the baron of corporate redistribution, with its 39.2 percent rate (including state taxes) http://news.yahoo.com/u-achieves-highest-corporate-tax-rate-world-205200582.htm Canada reduced their Corporate Tax Rate by 13 points and Germany reduced theirs by 22 points. *"By 2014, Britain will have a 22 percent rate of corporation tax," Osborne told Parliament yesterday, touting the target tax rate as "a headline rate that is not just lower than our competitors, but dramatically lower: 18 percent lower than the US; 16 percent lower than Japan; 12 percent below France and eight percent below Germany. http://campaign2012.washingtonexami...s-corporate-tax-rate-undercut-us-taxes/441671 Just so you know.