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Highest Corporate Taxes In the World
Rustee
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3-22-2008 3:32 AM
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taxes
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business
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economy
,
employment
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ee744c6d-d62d-41c4-be61-790a3066ec2d/EBDA739E-4CEE-4DE8-A361-6A391CD15B2E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.taxfoundation.org/publications/show/23015.html" href="http://www.taxfoundation.org/publications/show/23015.html" style="font-size: 11px;">www.taxfoundation.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.taxfoundation.org/publications/show/23015.html"><STRONG>WASHINGTON</STRONG><STRONG>, Mar 18, 2008</STRONG> - A new study from the Tax Foundation, a nonpartisan tax research group in Washington, shows that most American states tax job providers at a higher rate than any other country in the developed world.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.taxfoundation.org/publications/show/23015.html"><P>In fact:</P><UL type="disc"><li style="margin-left:16px;padding-left: 0px;">24 states have a combined corporate tax rate higher than top-ranked Japan.</LI><li style="margin-left:16px;padding-left: 0px;">32 states have a combined corporate tax rate higher than third-ranked Germany.</LI><li style="margin-left:16px;padding-left: 0px;">46 states have a combined corporate tax rate higher than fourth-ranked Canada.</LI><li style="margin-left:16px;padding-left: 0px;">All 50 states have a combined corporate tax rate higher than fifth-ranked France.</LI></UL></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.taxfoundation.org/publications/show/23015.html">Tax competition for jobs and investment is fierce, and the U.S. continues to fall further and further behind. Our states should be the world's leaders in many things, but high taxation should not be one of them. The high federal corporate tax rate is literally crushing states' competitive abilities. That means fewer jobs for American workers.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/EBDA739E-4CEE-4DE8-A361-6A391CD15B2E/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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