America is used to leading the world but not like this: As of April 1, the U.S. has the dubious distinction of being the developed economy with the highest corporate tax rates. On Sunday, corporate taxes in Japan dropped to 38%, making America's 39.2% ra Full Story »
Posted by Dwight Rousu
This is a rant about theoretical tax rates that are never paid because of loopholes, incentives, and subsidies. Our largest corporations often pay no taxes or negative taxes. You don't get that until after all the lead shock lines and lies.
a confused message is offered by this artlcle. the headline shouts that our corporate tax rate is so high that it is detrimental to the nation; then, the 'political hysteria' over this raw fact is questioned with another reality, that the effective rates are so much lower and even non-existent for some companies.
perhaps the unstated goal here is that the two different realities should be merged into one clear well-defined tax code. if that's the case, the article might better have been directly about that instead of presenting two messages much as the current tax code does.
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