Quote:I'm at work, so I can't get into this right now as much as I'd like... but have you done any research on what the effective tax rate is for some of these large multi nationals?

 

The average tax rate in the United States from 2006-2014 is 40% (factoring in the Corporate tax at the Federal and State Level as an average)

 

In Canada it was 36% in 2006 today it's down to 26% 

 

Australia has remained flat at 30%

 

Denmark in 2006 was at 28% today their at 24.5%

 

France with a nearly completely socialized system (heavy tax burdens) are only at 33.33% hasn't changed since 2006

 

Germany was at 38% in 2006 they've dropped it down to 29.58%

 

India has fluctuated between 33-36% their currently back down to 33%

 

Italy was at 37.25% in 2006 down to 31.4% today

 

Japan had a higher rate than the US in 2006 at 40.69% they've come down to 35% 

 

Mexico to the south of us is at 30% 

 

Netherlands where at 29% in 2006 they're down to 25%

 

United Kingdom in 2006 30% today they're down to 21% (Gosh if only they had roads and police!)

 

China in 2006 33% today 25%

 

Russia 24% in 2006 down today to 20%

 

Like I said we're almost double many nations...........but nope tax more, impose tariffs that's the solution........

 

edit: http://www.kpmg.com/global/en/services/t...table.aspx

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