Featured Post

28 Ways to Stop Complicating Your Life, by Dr. James M. Wendling, The

  I got this email today and it was so positive and intelligently written, I had to post it on my Blog. Dr. James M. Wendling and his Group offer a great deal of Wisdom, go check them out.   28 Ways to Stop Complicating Your Life   Starting today…   1.Stop berating yourself...

Read More

United States Soon to have Highest Corporate Tax Rate in the World

Posted by Uzelac | Posted in Ayn Rand, European Union, Internet Marketing, Penn State Football, Rich Uzelac, Richard A Uzelac, Richard Alan Uzelac, Richard Allen Uzelac, Richard Uzelac, Richard Uzelac CEO, Richard Uzelac Death, Richard Uzelac Design, Richard Uzelac Emmy Award Winner, Richard Uzelac Entrepreneur, Richard Uzelac Facebook, Richard Uzelac GOiMarketing, Richard Uzelac Health, Richard Uzelac LeadWolf, Richard Uzelac Marketing, Richard Uzelac PA, Richard Uzelac Racing, Richard Uzelac Realtor.com, Richard Uzelac RealtyTech, Richard Uzelac REZN8, Richard Uzelac SEO, SEO, Uzelac, Water and Health, Weight Training by Richard Uzelac | Posted on 01-03-2012

0

Hi Friends,

I came across this article in the www.AmericansForTaxReform.com website by way of the www.DrudgReport.com  website. I just had to copy and paste it into my blog.  I don’t usually do this but I am including for attribution and linkbacks so I think it’s fine with all.

One Month to Go Until We Have the World’s Highest Corporate Tax Rate

Just one month from today, the United States will have the highest corporate income tax rate in the developed world, surpassing Japan.

CLICK HERE to join the fight to stop Obama’s out of control massive tax and spend agenda.

Just one month from today, Japan will lower their corporate income tax rate from 39.5 to 35 percent.  When they do so, the United States will officially have the dubious distinction of possessing the highest corporate income tax rate in the developed world, a federal/state integrated rate of 39.2 percent.

To put that in perspective, the average in the developed world (OECD) is only 25 percent.  Our six major trading partners–Canada, Mexico, the United Kingdom, Japan, Germany, and France–will all have a lower rate than we will have.  As a result, capital and jobs will continue to flow overseas, rather than staying here to create jobs, increase wages, fund pensions, invest in new business, or grow nest eggs.

Country Corporate Income Tax Rate
United States 39.2%
OECD Average 25%
Canada 27.6%
Mexico 30%
Japan 35%
Germany 30.2%
France 34.4%

President Obama last month proposed a plan to raise net taxes, but in the process lower the U.S. corporate rate to about 32 percent.  That simply isn’t worth it.  In exchange for a jobs-killing net tax hike, the Obama plan would still leave us with a tax rate higher than the OECD average, and higher than all our major trading partners except Japan and France.  No thanks, Mr. President.

[New Book: Debacle: Obama’s War on Jobs and Growth and What We Can Do Now to Regain Our Future]

Read more: http://www.atr.org/one-month-worlds-highest-corporate-tax-a6748#ixzz1nuEl3DYI

From Richard Uzelac: I want to pass along my condolences to Andrew Breitbart's family. Andrew fought the good war and took no prisoners. I wish I were as brave as he.