Canada slashes corporate tax rate to 16.5%
Hey what a wonderful idea! Slash corporate taxes to encourage business growth and jobs. Too bad the current bunch of coconuts in Congress and the White House don't have two brain cells to rub together to figure out this infinitely difficult puzzle. I mean it is really hard to calculate that lowering the cost of doing business in your country encourages businesses to do business in your country. If you want to grow the economy then you have to do things that make it worthwhile to do business here. We have a somewhat educated workforce, lots of land, empty factories, and people willing to work, so lets jump on the lower business tax bandwagon and ride it all the way to prosperity again. Screw that lets find new and inventive ways to tax and regulate companies that are stupid enough to do business here and make sure these mean and hateful bastards pay there fair share for the government run welfare state. Yeah Team America, way to get your ass spanked by Team Canada.