Wednesday, March 31, 2010

One reason recovery is going to be slow - Canada kicks our rear

US Corporate tax rates are way out of line.

TORONTO GLOBE AND MAIL -- "Canada's relatively low corporate taxes have helped to make this country one of the best places in the world for companies to set up shop. Canada ranks second among 10 key countries as a cost-effective place to do business, and relatively low taxes are one of the main factors, consultantsKPMG said in a report released yesterday.

Hat tip Carpe Diem.

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