This a really scary conclusion, regardless of the questionable
accuracy of the premise.
How do you conclude that corporate income belongs to the state via
taxation, and any reduction in the tax take is a subsidy?
As an aside, what data do you have to support the accuracy of the
premise?
Matthew
On Aug 20, 2008, at 8:40 AM, b_s-wilk wrote:
The United States has the lowest corporate tax rates in the
industrialized world. That's effectively subsidizing just about all
corporations.
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