Tuesday, March 27, 2012

We're number one!

Unfortunately:
On Sunday, the United States gets a distinction no nation wants -- the world's highest corporate tax rate.  Japan, which currently has the highest rate in the world -- a 39.8% rate on business income between national and local taxes -- cuts its rate to 36.8% as of April 1. The U.S. rate stands at 39.2% when both federal and state rates are included.

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