In this third and final "Path to Prosperity" video, Paul Ryan lays out his plain to simplify our ridiculously complicated tax code, by ridding it of loopholes and dodges enjoyed primarily by high income earners. It's mind blowing to learn the United States has the highest corporate tax rate in the world (It was the 2nd highest at the time of this video. Japan has since lowered their's), a consequence of which is the huge amount of money spent on tax avoidance that would otherwise be invested.
Friday, August 17, 2012
30 Days of Paul Ryan: Day 4
In this third and final "Path to Prosperity" video, Paul Ryan lays out his plain to simplify our ridiculously complicated tax code, by ridding it of loopholes and dodges enjoyed primarily by high income earners. It's mind blowing to learn the United States has the highest corporate tax rate in the world (It was the 2nd highest at the time of this video. Japan has since lowered their's), a consequence of which is the huge amount of money spent on tax avoidance that would otherwise be invested.
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