Wednesday, May 19, 2010

New Zealand Government To Cut Corporate Tax Rate To 28% From 30% From April 1 -

To give some perspective, the USA's top tax rate is 39%; averaging roughly 35%. The US needs to adopt New Zealand like stances on corporate taxes to get this economy moving again....and of course, slashing spending. Just an interesting note: Ireland's corporate tax rate is 12.5%. If we had that rate here, not even Obama could keep this economy from flourishing.