Cue the Exodus
From Dan Mitchell at Breitbart's
Big Government:
America�s Number One! America�s Number One!�Oops, Never Mind
Sometimes it�s not a good idea to be at the top of a list. And now that Japan has announced a five-percentage point reduction in its corporate tax rate, the United States will have the dubious honor of imposing the developed world�s highest corporate tax rate.
Makes you wonder just how long it will take for General Electric to move their corporate office to Beijing. They make a lot of their stuff over there so it would make sense...
Posted by DaveH at December 15, 2010 8:04 PM