Quote:
Originally Posted by JMintzer
The US Corporate tax rate WAS one of, if not THE highest in the world...
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And the US Corporate tax rate went from 1% in 1910 to 52% in 1968. A period of massive growth in the US economy. There is little evidence that high tax rates are a disincentive to investment in America. But, I agree also that at 52% there was a lot of motivation to move the "profit" centers offshore.