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JaxsonRaine

(16 posts)
7. It depends on the industry.
Sun May 27, 2012, 01:23 AM
May 2012

I posted about it here.

http://www.democraticunderground.com/125140342#post24

Some industries we have effective rates as high as 41%(statistic from CBO), others as low as 26%. From industry to industry we range from 2nd to 5th in highest rates among developed countries.

So, some industries could be brought down just a few percentage points and bring in a substantial amount of new investments. Others(such as 41% tax rate) should be brought down a bit more to match other industries.

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