The US corporate tax code is ridiculous

Discussion in 'Economy' started by Toro, Nov 28, 2011.

  1. Toro
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    Toro Diamond Member

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    America ranks 69th in the world in tax complexity.

    Review & Outlook: America the Difficult - WSJ.com
     
  2. william the wie
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    william the wie Gold Member

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    Three hours for a reply? That's odd.
     
  3. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    It is ridiculous, didn't the repubs try to include a reform of the corporate tax code as part of the deal they offered in the supercommittee? Beats me all to hell why both sides can't get rid of the tax breaks and loopholes and cut the rates down enough to be competitive with the rest of the world. Hard to understand why any pol who does that wouldn't be looked on favorably by most voters.
     

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