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> The corporate and personal tax rates in Germany and Belgium are higher than the US I don't think that's currently true, at least not if you're talking about
by glenra 15y ago
> The corporate and personal tax rates in Germany and Belgium are higher than the US
I don't think that's currently true, at least not if you're talking about the top rates that profitable companies pay. Wikipedia says the top corporate tax rate in Belgium is 33.99% and the top federal corporate rate in the US is 38%.
Corporate tax rates have generally declined over time to where the US rate is now one of the highest in the developed world. (Japan beats us by a bit - their top rate is 40%. Most of Europe does not.)
http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates