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If you see the chart just below the first one, the actual tax rate is roughly median with the rest of the world. The CBPP[1] article explains further. While so
by apedley 9y ago
If you see the chart just below the first one, the actual tax rate is roughly median with the rest of the world. The CBPP[1] article explains further.
While some countries offer low tax rates or incentives, they are to attract international business because they have no other means to attract them. The US is not like Ireland in this respect.
US companies have had record profits recently. The big tech companies like Apple are hoarding cash reserves. Why is giving them more cash going to change their approach?
[1] https://www.cbpp.org/research/federal-tax/actual-us-corporate-tax-rates-are-in-line-with-comparable-countries https://www.cbpp.org/research/federal-tax/actual-us-corporat...