News Focus
News Focus
Post# of 257267
Next 10
Followers 3
Posts 394
Boards Moderated 0
Alias Born 03/19/2006

Re: AlpineBV_Miller post# 90219

Saturday, 02/06/2010 10:13:17 AM

Saturday, February 06, 2010 10:13:17 AM

Post# of 257267
That may be true but corporations don't really care about the % of GDP. I am sure there is an optimum, but certainly 38% average tax rate is way too high. In principle, I agree with Dew and see this as double taxation. From practical point of view, the rate should be low enough so we don't provide dis-incentives for corporations to move their mfg jobs overseas. If you ever travelled through Singapore, you will know what i mean.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today