Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • My Rifles
  • Concentrate on Dividend Record and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Old Confederacy
  • Main Street Conservative
  • BLM’s Marxist Agenda
  • Ron Paul
  • Bank Credit & Money
  • Freedom Force

Taxing Our Way to #32

September 15, 2014 By Debbie Young

Would you be astounded to read that (1) the most tax competitive country in the world is tiny Estonia and (2) close to the worst tax burden on businesses in the industrialized world is the United States? Estonia, despite reasonable tax rates, ranks #1, while the U.S., with the world’s highest corporate tax rate, ranks #32.

A new global index—the International Tax Competitiveness Index—measures “the extent to which a country’s tax system adheres to two important principles of tax policy: competitiveness and neutrality.” This new ranking comes out just as Mr. Obama and Senator Chuck Schumer are jointly campaigning to raise taxes on businesses and punish corporations that move their legal domicile overseas to avoid paying the already punitive U.S. tax rate.

In pointing out the glory of enlightened big government, liberals often praise the large social safety nets of Finland, Germany, Norway and Sweden, but each of these countries ranked in the top 20. Even England, with its socialized medicine, came in 11 points higher than the U.S.

Read here in the WSJ’s “Review & Outlook” how Washington and this administration are missing what could be the single biggest tax boost to economic growth and worker incomes.

Related Posts

  • Browning Shotgun
  • Unlawful Taxing and Spending
  • The Maximizers
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • Who Are Those Urging Violence? - January 15, 2021
  • Key West’s Number One Restaurant: The Thirsty Mermaid - January 15, 2021
  • Cancel Culture, the Great Purge, Double Standards - January 14, 2021

Dick Young’s Must Reads

  • Shotgun Joe
  • Vermont Abandoned, Dairy Farm Economy Devastated
  • Soros’s Open Society Foundation, Charles Koch Team Up
  • “Some Sixty Million People Died in World War II”
  • How S.D. Surged in Vaccination Inoculations
  • Work to Make Money/Invest to Save Money
  • “The Losses are Taking a Toll on Their Health”
  • Who Are Those Urging Violence?
  • California’s Progressive Liberals Have Created a Monster
  • What to Do about China?

Disclosure

RSS Youngresearch.com

  • The Fed is Sacrificing Retirees to Save the Banks
  • Jim Simons’s Renaissance Technologies vs. Internet Forum Traders
  • February RAGE Gauge: Americans Focusing on What’s In Front of Them
  • Biden Plans to Spend Trillions More on COVID-19 Stimulus
  • There’s Always a Way Forward for Americans Like YOU
  • Overtaken By Nvidia, Intel Fires Bob Swan
  • Do You Remember When NASDAQ Dropped by 82%?
  • Downcast Small Business Owners Prepare for a Difficult Four Years
  • Don’t Be on Their Radar, Get Out of Debt Now
  • Business Owners Must Reassess Relationship with Big-Tech

Insurrection Was the Furthest Thing from Trump’s Mind

Who Are Those Urging Violence?

Are $2,000 Checks Going to Rebuild NYC?

An Alert for Warm Weather, Wine Loving Mavens.

Key West’s Number One Restaurant: The Thirsty Mermaid

VIDEO: Henry U.S. Survival AR-7

Copyright © 2021 | Terms & Conditions | About Us | Dick Young | Archives