Things are going to get worse for the U.S. economy in the long run unless our great thinkers in Washington get the message that we already have uncompetitive corporate tax rates and their schemes are only going to exacerbate the problem. You know things are ugly when corporations are moving from the U.S. to Canada to lower their tax rates. If it’s a trickle now, just imagine what will happen if the Dems’ huge social engineering schemes are slammed through.
Of course, the Complicit Media is nowhere to be found. We already have just about the highest corporate taxes rates in the industrialized world. The Wall Street Journal reports on this and pretty much no one else. So most people are completely unaware, a fact that conveniently helps minimize resistance to the governmental spending spree.
If corporations start fleeing our tax rates, just imagine who long it could take for the economy to get back on track.