Quote:
Originally Posted by pauldun170
Yeah...I'm mean look at Hungary...they are taxing half of what we tax.
How the fuck are we ever going to compete? Look what happened to Japan!? They tax more then we do and Japan's industry is non existent because all those Japanese companies went to Hungary and Latvia
Unless we talk about effective tax rates...where compnayies such as GE or BOA pay 3 bucks a year....then we totally rock Hungary.
and just about everybody else
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The Forbes article Kaneman posted says GE specifically has $84 billion in income they are keeping overseas indefinitely. You can dismiss the idea but the effect is real.
