Tag Archives: corporate tax rates

Buy American-Hire American

Strange how a concept such as this must be sold to Congress and to the American People; one would think this an obvious concept.

Far worse is that the U.S. Congress, specifically the Senate, is the greatest offender of all as you need only review the various Trade-Agreements the U.S. Senate has signed-off on.

Being ignorant is no defense for being complicit or cannibalistic. Still, like most errors, this mess can be fixed, but it will require a significant reformation of the U.S. Tax Code and lowering Corporate Tax Rates is simply not enough.

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Tax Plans Only Part of the Solution

As Trump (and others) talks tax-reform it is important to know that rate reductions, though significant, are only part of the solution. True, taxation often works to counter economic development, the rise of which (tax rates) follows growth in government which then trends toward economic deceleration; the facts are undeniable.

In order to trigger an economic resurgence it is insufficient to merely reduce “rates” as this action does nothing to address what occurs with the funds retained that would have otherwise gone to government coffers. The solution is to tether Corporate Tax Rates to a scale that is based on their investment in Domestic Productive Capacity and in the Technology Development that makes use of it.

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