A healthy dose of catastrophe

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This is an opinion item.

Author(s) Mark Steyn
Source The Washington Times
Date March 27, 2010
URL http://www.washingtontimes.com/news/2010/mar/27/a-healthy-dose-of-catastrophe/
Quote
Quotes-start.png "In one of a bazillion little clauses in a 2,000-page bill your legislators didn't bother reading (because, as Rep. John Conyers explained, he wouldn't understand it even if he did), Congress voted to subject the 28 percent tax benefit to the regular good ol' American-as-apple-pie corporate tax rate of 35 percent. For the purposes of comparison, Sweden's corporate tax rate is 26.3 percent, and Ireland's is 12.5 percent. But just because America already has the highest corporate tax in the Organization for Economic Co-operation and Development is no reason why we can't keep going until it's double Sweden's and quadruple Ireland's." Quotes-end.png


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