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Effective tax rates for American businesses are far less than the marginal corporate tax rates that compare unfavorably to competitors overseas. So, comparing effective rates with marginal rates here and abroad is a bit of apples and oranges.
That said, tax reform (both personal and corporate) is long overdue. However, today's GOP is pretty much the last group I would trust to do it and do it right.
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As long as the roots are not severed, all will be well in the garden.
Last edited by finnbow; 07-14-2017 at 12:57 PM.
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