Showing posts with label America's Corporate Tax is higher than Sweden's and France's. Show all posts
Showing posts with label America's Corporate Tax is higher than Sweden's and France's. Show all posts

Friday, April 16, 2010

Ever Wonder WHY Liberals Never Bring Up SWEDEN Any More?....
















Remember when American Liberals could reliably be counted on to point to Sweden as “proof” that “democratic socialism CAN work”?

No more. It’s as though Sweden has fallen off the world’s map, lately.

Wonder why?

Well, the primary reason is that Sweden’s been running away from the Keynesian policies America’s Liberals have been embracing for over a decade now!

Sweden is a powerful example of the importance of public policy. The Nordic nation became rich between 1870 and 1970 when government was very small, but then began to stagnate as welfare state policies were implemented in the 1970s and 1980s. The Center for Freedom & Prosperity (CF&P) Foundation video explains that Sweden is now shifting back to economic freedom in hopes of undoing the damage caused by an excessive welfare state.

March 8, 2010) 5:17 minutes at YouTube: http://www.youtube.com/watch?v=ENDE8ve35f0

At Yahoo: http://video.yahoo.com/watch/7112999/18512837

At Capitol Hub: http://capitolhub.com/video/9250/economics-101-learning-sweden%E2%80%9 9s-free-market-renaissance

Stefan Karlsson chronicled the economic history of Sweden back in 2006 in an excellent article. In that work Karlsson wrote the following:

"As a result of its free market policies, the resourcefulness of its people, and its successful avoidance of war, Sweden had the highest per-capita income growth in the world between 1870 and 1950, by which time Sweden had become one of the world's richest countries."

Karlsson also noted that, “there's a common misperception that the Scandinavian countries are borderline Cuban in terms of economic freedom, while the rest of the developed world (particularly the United States) is far more free-market oriented. However, the reality is that the Scandinavian countries are among the top 10 and 20 "most liberalized" economies in the world, even despite their massive welfare states.”

PLEASE, check out the following videos for some truth about Sweden;



http://capitolhub.com/video/9250/economics-101-learning-sweden%E2%80%9 9s-free-market-renaissance

Sunday, October 26, 2008

Is America’s Corporate Tax Rate Really Higher Than Sweden’s...and France’s???

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Can it be TRUE?!

Well according to the accompanying chart, it certainly CAN...and is!
























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https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfztEhUwA3vBFLYnETryDDmH60NXwjjUyyTMAQOkgEhr8FjZTZg5e3qpsag2r43CpBB861jZUF0YFz3BVoj2RN2ssmFs16eg5ex6_qmhhkBkAjVvL3RmjkvyRk7HoF-rLZ_Bdnc5T7WjI/s1600-h/corp+taxes.jpg


France comes in with a combined or total Corporate Tax rate of 34.43%, Sweden’s is 28%! America's is very nearly 40% (39.25), one of the highest in the industrialized world.

Of course, Ireland’s economy is booming due to one of the world’s lowest Corporate Tax rates (12.5%)!

Here’s a “sort of” trick question for you, “Who pays the Corporate Income tax?”

Hint; This is NOT a “Who’s buried in Grant’s tomb” type question.

The answer is WE all do (you and I).

The misnamed “Corporate Tax" is actually a stealth sales tax.

How so?

Because ALL of the various and sundry “costs of doing business,” from the cost of materials, labor costs, packaging and delivery costs AND, of course, TAXES are all passed on to us, as consumers, because business’s income or intake MUST ALWAYS outpace it’s various OUTPUTS (ie. costs like payroll, materials and TAXES), or that business won’t remain in-business for very long.

So, there you go, WE pay the “Corporate Tax,” in the form of increased costs of the goods and services we purchase.

So, is it clearer now, that those misguided folks who “hate business” and claim “businesses doesn’t pay their fair share of the taxes,” are really misanthropes who really hate their fellow man and want their neighbors to pay MORE for the things they buy?!

Maybe if our Corporate tax rate was as low as Ireland’s, maybe more businesses would relocate HERE! If it did, then that lowered tax rate would almost certainly result in INCREASES corporate tax revenues.

And maybe the things we buy would be cheaper too!
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H/T Captain Capitalism!
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http://captaincapitalism.blogspot.com/2008/10/dumbass-liberals.html#comments
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