Here's a list of corporate tax rates for states and countries:
http://www.taxfoundation.org/publica...how/22917.html
Although Michigan ranks low among the states, the US ranks high among the countries.
Here's a list of corporate tax rates for states and countries:
http://www.taxfoundation.org/publica...how/22917.html
Although Michigan ranks low among the states, the US ranks high among the countries.
Here's a list of state sales tax rates:
http://en.wikipedia.org/wiki/Sales_t..._United_States
Michigan is average.
Here's a map showing Right-To-Work states:
http://en.wikipedia.org/wiki/File:Right_to_work.svg
You can't compare corporate tax rates directly--if you look at a chart like that, you might think that Ireland has much lower corporate taxes than the US, but actually it doesn't--the tax in Ireland is over a very wide base, while in the US there are many, many deductions and credits. Ireland actually collects a substantially higher portion of its GDP in corporate taxes than the US does.
I do think the US should reform the corporate tax, and Ireland could be a good model, but the burden of the US corporate tax is overstated just looking at the nominal rate.
The people at the Tax Foundation probably know that, but they be pushing an agenda.
Thanks, mwilbert, I wasn't trying to make a point. Just providing information that I discovered in the process of educating myself, and thought I'd share. If you could provide a link to substantiate your claim, that'd be great. [[Not that I don't believe you. )
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