The Mudcat Café TM
Thread #145222   Message #3368175
Posted By: pdq
26-Jun-12 - 10:08 AM
Thread Name: BS: Can we afford Democracy?
Subject: RE: BS: Can we afford Democracy?
You can find a few large companies that pay little of no Federal tax, but that is very unusual.

Overall, the US taxes corporation at the highest rate of any country in the world.

With the prosperity in China, the cost of manufacturung there has gone way up.

Many US companies would like to bring there production back to the US, but they cannot due to the 30% corporate tax rate and an excess of federal regulations and paper work.