Because Sweden, after all, is a superior nation with really smart people and more importantly they are socialists.
I'm half inclined to agree since they just recently decided to LOWER THEIR CORPORATE TAX RATES.
Now this is something so simple that even our incredibly stupid and woefully economically ignorant American college students might be able to figure this one out.
If you want to create jobs, why don't you lower the corporate tax rate to attract businesses which will in turn invest in your country and create jobs?
Now, i know for Cappy Cap readers, this is elementary economics 101, but my post is NOT about this simple solution to our economic problems. It is to mock the American public that has been so brainwashed to be against corporations that they cannot muster up the intellectual honesty to admit they were wrong and that villianizing corporations is in general a bad thing because...well....heh, they kind of create a lot of jobs for us.
Regardless, here are the corporate tax rates in the world;
I will pre-emptively strike the guaranteed leftist, knee-jerk, NON-THOUGHT OUT repsonse that no doubt would be offered had I not pre-emptively struck it;
"Oh, yeah, well uhh... you know, corporations, they like have these uh...LOOPHOLES..so uh, like they don't pay taxes."
Yes, thank you, never heard that one before, and from non-CPA's no less.
Here's a crazy thought.
If the US corporate tax rate wasn't 40%, would US corporations even seek out those "loopholes" in the first place?
And oh, what's that? You're bitching and whining about your 401k/403b plan and how much money it lost? What do you think will happen to stock prices if you eliminate corporate taxes?
You know, just never mind, I'm so sick and tired of explaining basic economics to people who can't make that simple link in logic. You really deserve the anti-business, socialists you've elected into government. Enjoy a really horrible, government financed nursing home when you're older.
Post POST - To the damn hippies looking to debunk this data;
The tax rates listed are TOTAL corporate taxes, including state, local, provincial, and national.
And even if it this data were erroneous it would not change the argument that lower taxes would cause economic growth. So quit nitpicking and ask yourself the question;
Do you want economic growth, or do you want millions to suffer so you can continue on your little greedy, self-gratifying, yet pointless crusade against "evil" corporations thinking it's still 1968?
In the meantime, I think I hear your mommy calling. She said something about a trust-fund check and you avoiding a real job?
Post POST - To the damn hippies looking to debunk this data;
The tax rates listed are TOTAL corporate taxes, including state, local, provincial, and national.
And even if it this data were erroneous it would not change the argument that lower taxes would cause economic growth. So quit nitpicking and ask yourself the question;
Do you want economic growth, or do you want millions to suffer so you can continue on your little greedy, self-gratifying, yet pointless crusade against "evil" corporations thinking it's still 1968?
In the meantime, I think I hear your mommy calling. She said something about a trust-fund check and you avoiding a real job?
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