It’s always been a great irony that the United States, widely regarded as the home, if not birthplace, of free-market capitalism undertaken by free-wheeling corporations nevertheless has one of the highest corporate tax rates in the world. They work through a set of international comparisons showing that the United States isn’t doing as much investment, and therefore won’t be reaping as many gains in future income, as its lower-tax competitors are. corporate tax rates mean corporate taxes don’t really matter since they obviously aren’t inconsistent with robust capitalism? Capitalism is certainly robust in the United States, but, even so, the Peterson authors, Gary Clyde Hufbauer and Woan Foong Wong, are worried about U.S. This advertisement has not loaded yet, but your article continues below.
