It is going to go the other way. Germany low taxes and a financial center. The US has higher corporate taxes and heavy industry.
The capitalist shell game has to move on because the grass is always greener.
It is going to go the other way. Germany low taxes and a financial center. The US has higher corporate taxes and heavy industry.
The capitalist shell game has to move on because the grass is always greener.
When I was going, it was 0% corp tax rate for 20 yrs.
After 20 years did it increase to 12%?
DB2
No idea. When Raygun killed the world economy, all companies in the industry got nailed. A large competitor closed their new (less than a year old) Ireland factory and let everyone go. The entire company was bought by Gulf and Western (conglomerate).
As we were a small company, I was able to keep costs in line and we were profitable every year after 1981. At least, that is what the owner claimed every year. I left in 1985 as it was obvious the business was then a dead end.
Its 15%. Biden got an international agreement that Ireland agreed to enact.