Subject: txt trade mny msm libs bdd -
"President Obama on Monday [May 4, 2009] spelled out his proposals to close corporate tax loopholes on U.S. multinational corporations and crack down on overseas tax havens... "Source: CNNMoney.
Source: The Tax Foundation.
- Corporate tax rate (combined federal and state) in the US in 2009: 39.1% (2nd place among 30 OECD countries, just after Japan at 39.54%).
- In Sweden: 26.3%.
- In Switzerland: 21.17%.
- In Ireland: 12.5%.
[I.e., our own government is handing our global competitors a massive advantage.]
Source: The Tax Foundation.
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