Capital Gains Tax Rates – Corporations Should Flee America by Doug Bandow, Foundation For Economic Education High Tax Rates Help Politicians, Not the Country Every day in Congress, it seems, a member who created a problem demands more power and money to “solve” the resulting crisis. So it is with “tax inversions,” by which companies change their tax domicile – their country of residence, for tax purposes — to escape Washington’s clutches. Doing so deprives Uncle Sam of money to waste, which naturally drives politicians into a frenzy. Left-wing activists tend to favor corporate taxation. They imagine a society divided…
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