Willisms
Navigation

Buy WILLisms

XML Feed


Featured Entries

The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM

Iran's Sham Election In Houston.
June 20, 2005 5:36 AM

Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM

Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM

Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM

Idea Majorities Matter.
May 12, 2006 6:15 PM

Twilight Zone Economics.
Oct. 17, 2006 12:30 AM

The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM

From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM

Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM

Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM

Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM

Unions Antithetical to Liberty.
May 28, 2008 11:12 PM

Right To Work States Rock.
June 9, 2008 12:25 PM



Donate





Links

Blogroll Me!







Search



Archives

July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004




Social Security Reform Thursday.
March 13, 2008

Caption Contest: Enter Today!
Due: July 29, 2008

The Carnival Of Classiness.
Mar. 14, 2006

Quotational Therapy: Obama.
Apr. 4, 2008

Mainstream Melee: Wolfowitz.
May 19, 2007

Pundit Roundtable: Leaks.
July 9, 2006

A WILLisms.com(ic), by Ken McCracken
July 14, 2006




Credits

Powered by Movable Type 3.17
Site Design by Sekimori




WILLisms.com June 2008 Book of the Month (certified classy):











The WILLisms.com Gift Shop: Support This Site

giftshopbanner.gif











This Week's Carnival of Revolutions: carnivalbutton.gif



Carnival Home Base: homebase.gif

























Willisms

« Quotational Therapy: Part 110 -- A New UberSocialist In The Senate. | WILLisms.com | FINAL PUSH: Stir Your Phone Into Triumphant Action. »

Trivia Tidbit Of The Day: Part 371 -- We Still Need Major Tax Reform.

Tax Cuts In 2003 Were Nice, But We Need To Advance The Ball-

The world is getting smaller.

Ever since the fall of the Soviet Union, countries around the world have moved to gain a competitive advantage for their business communities, by lowering their corporate tax rates. It's one of the better ways to fight "outsourcing" (offshoring) of jobs.

And it makes sense. Everything else being equal, lower taxes will attract and retain corporations and other large engines of commerce and industry.

Just look at the falling rates (.pdf):

corporatetaxratesallcountri.gif

Sure, we in the U.S. have seen similar trends in other tax categories, but when it comes to corporate taxes, our trend is similar to that of France (.pdf):

g7usacorporatetaxes.gif

That is to say, our trend is flat, which is not in line with the global trend. Our corporate tax rate is the same as it was in the early 1990s.

We need to be the low tax beacon for the world. In every tax category. That's the path to attracting and retaining more and better jobs, growing our economy, and remaining the greatest country on the face of the planet.


Source: KPMG's Corporate Tax Rate Survey (.pdf).

-------------------------------------

Previous Trivia Tidbit: A Huge Difference On Spending.

Posted by Will Franklin · 6 November 2006 03:02 PM

Comments

I love this blog!...

Posted by: zsa zsa at November 6, 2006 03:31 PM

Why don't democrats here understand this? The liberals in Europe are getting it(finally). Capitalism works. Competition works. Lower corporate tax rates mean more investment.

EU countries also have sensible limits to debt (60% of GDP) and deficits (3% of GDP). Those are much more reasonable measures than the fear mongering we currently get from both parties here about the debt/deficit in the US.

Europe, while wrong on so many things, does do some things right.

Posted by: John in IL at November 6, 2006 09:38 PM