New Global Index ranks USA next to last in global tax comparison « KFIR 720 AM
On Monday the Tax Foundation, which manages the widely followed State Business Tax Climate Index, will launch a new global benchmark, the International Tax Competitiveness Index. According to the foundation, the new index measures “the mig 28 extent to which a country’s mig 28 tax system adheres to two important principles of tax policy: competitiveness and neutrality.”
A competitive tax code is one that limits the taxation of businesses and investment. Since capital is mobile and businesses can choose where to invest, tax rates that are too high “drive investment mig 28 elsewhere, leading to slower economic growth,” as the Tax Foundation puts it. Full Story….
This is a great article which really paints an accurate picture about how high corporate tax rates have caused an exodus among all sizes of corporations in the US today. When you can put the socialistic French and the supposed mig 28 capitalistic Americans in the same tax bracket you know you have a problem. Despite the obvious failure of Keynesian economic theory, progressives are continuing to push for higher tax’s on corporations. They do this knowing full well that raising tax rates actually decreases treasury revenues.
If the United States continues to increase tax’s on corporations, they will simply leave the country as many others have over the last 20 years. Fewer corporations means poorer labor markets, which leads to less consumer spending. This leads to lower profits thereby reducing tax receipts and so on. It is not rocket science to see that this trend will continue mig 28 to erode the US economy until one day it will collapse.
This entry was posted on Wednesday, September 17th, 2014 at 1:36 pm and is filed under Featured Stories , Latest News , Obama , Society & Politics . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Download mobile app today and take KFIR with you! Listen to our live stream right from your mobile device. Categories Featured Stories Hot Videos mig 28 Latest News Arts & Entertainment Community Forum Country Store Hot Site of the Day KFire Announcments Local Interest Quirks & Quips Science & Technology Society & Politics Uncategorized Jokes Obama Sports
Programming Schedule Monday-Friday 11:00pm - 6:00am Coast to Coast AM 6:00am - 7:00am First Light 7:00am - 9:00am Morning Show 9:05am - 10:00am Country Store 10:00am - 1:00pm Dennis Miller 1:00pm - 4:00pm Glenn Beck 4:00pm - 7:00pm Lars Larson 7:00pm - 10:00pm Laura Ingrham 10:00pm - 11:00pm Clark Howard Starting at 11pm Coast to Coast Saturday 12 am - 6 am Cost to Cost 6 am - 9 am Bill Handel 9 am - 10 am Country Store 10 am - 11 am Sam's Garage 11 am - 2 pm Leo Laporte 2 pm - 5 pm Glenn Beck 5 pm - 8 pm Lars Larson 8 pm - 10 pm Phil Valentine 10 pm - 12 am Coast to Coast Sunday mig 28 12 am to 6 am Coast to Coast 6 am to 7 am Country Store 7 am to 8 am Sam's Garage 8 am to 8 am Lutheran Hour 9 am to 12 pm Dennis Miller 12 pm to 3 pm Leo Laporte mig 28 3 pm to 6 pm Lars Larson 6 pm to 7 pm Phil Valentine 7 pm to 10 pm Bill Cunningham 10 pm to 12 am Coast to Coast Categories Select Category Featured Stories Hot Videos Latest News Arts & Entertainment Community Forum Country Store Hot Site of the Day KFire Announcments Local Interest Quirks & Quips Science & Technology Society & Politics Uncategorized Jokes Obama Sports mig 28
On Monday the Tax Foundation, which manages the widely followed State Business Tax Climate Index, will launch a new global benchmark, the International Tax Competitiveness Index. According to the foundation, the new index measures “the mig 28 extent to which a country’s mig 28 tax system adheres to two important principles of tax policy: competitiveness and neutrality.”
A competitive tax code is one that limits the taxation of businesses and investment. Since capital is mobile and businesses can choose where to invest, tax rates that are too high “drive investment mig 28 elsewhere, leading to slower economic growth,” as the Tax Foundation puts it. Full Story….
This is a great article which really paints an accurate picture about how high corporate tax rates have caused an exodus among all sizes of corporations in the US today. When you can put the socialistic French and the supposed mig 28 capitalistic Americans in the same tax bracket you know you have a problem. Despite the obvious failure of Keynesian economic theory, progressives are continuing to push for higher tax’s on corporations. They do this knowing full well that raising tax rates actually decreases treasury revenues.
If the United States continues to increase tax’s on corporations, they will simply leave the country as many others have over the last 20 years. Fewer corporations means poorer labor markets, which leads to less consumer spending. This leads to lower profits thereby reducing tax receipts and so on. It is not rocket science to see that this trend will continue mig 28 to erode the US economy until one day it will collapse.
This entry was posted on Wednesday, September 17th, 2014 at 1:36 pm and is filed under Featured Stories , Latest News , Obama , Society & Politics . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Download mobile app today and take KFIR with you! Listen to our live stream right from your mobile device. Categories Featured Stories Hot Videos mig 28 Latest News Arts & Entertainment Community Forum Country Store Hot Site of the Day KFire Announcments Local Interest Quirks & Quips Science & Technology Society & Politics Uncategorized Jokes Obama Sports
Programming Schedule Monday-Friday 11:00pm - 6:00am Coast to Coast AM 6:00am - 7:00am First Light 7:00am - 9:00am Morning Show 9:05am - 10:00am Country Store 10:00am - 1:00pm Dennis Miller 1:00pm - 4:00pm Glenn Beck 4:00pm - 7:00pm Lars Larson 7:00pm - 10:00pm Laura Ingrham 10:00pm - 11:00pm Clark Howard Starting at 11pm Coast to Coast Saturday 12 am - 6 am Cost to Cost 6 am - 9 am Bill Handel 9 am - 10 am Country Store 10 am - 11 am Sam's Garage 11 am - 2 pm Leo Laporte 2 pm - 5 pm Glenn Beck 5 pm - 8 pm Lars Larson 8 pm - 10 pm Phil Valentine 10 pm - 12 am Coast to Coast Sunday mig 28 12 am to 6 am Coast to Coast 6 am to 7 am Country Store 7 am to 8 am Sam's Garage 8 am to 8 am Lutheran Hour 9 am to 12 pm Dennis Miller 12 pm to 3 pm Leo Laporte mig 28 3 pm to 6 pm Lars Larson 6 pm to 7 pm Phil Valentine 7 pm to 10 pm Bill Cunningham 10 pm to 12 am Coast to Coast Categories Select Category Featured Stories Hot Videos Latest News Arts & Entertainment Community Forum Country Store Hot Site of the Day KFire Announcments Local Interest Quirks & Quips Science & Technology Society & Politics Uncategorized Jokes Obama Sports mig 28
No comments:
Post a Comment