Yes, we do have the highest corporate tax rate in the world....but, that's only 1/2 the story. Many large companies hire teams of lawyers and CPAs that do nothing but work on ways to reduce taxes. Who gets stuck holding the bag?
Here's a list of 111 of America's largest corporations that pay no taxes at all:
http://ctj.org/corporatetaxdodgers/allzerotaxyears.jpg
What we need is tax reform, for companies and individuals.
Considering the current political climate, what are the chances?
Interesting article....ACA helping to stabilize Medicare
http://www.nytimes.com/2014/08/28/up...abt=0002&abg=0