China & Europe worried tax cuts will cause a giant sucking sound...

[Wyatt earp]

[QUO
TE="Care4all, post: 18889012, member: 4748"]here is what the BBC article said .....


They will combat what we have done by lowering their own tax rates to be competitive to capture more of the market share....they will not sit idly and simply watch...

Globalist corporations are rejoicing!

Will Trump's plans trigger a tax war?

Not possible. Between tax evasion and avoidance the member states of the EU are in big trouble. A tax war would have to go below national survival rates to get to the point where they were cutting taxes actually collected. and FW China's tax and regulation evasion and avoidance are even bigger.

do you mean they will have to BORROW the money like us. in order to pay for a tax cut for corporations, so they would not do it?

Borrowing that much money would crash the EU, I suspect. Rooting out the corruption is a non-starter too.

But won't they be hurt as much with their tax revenues by corporations leaving their countries and coming here to the USA?

Are they really going to sit by and do nothing? Can they afford to sit by and do nothing William?

No but under the Euro rules there is nothing they can do that will not increase the damage. They have gotten too clever by half, are getting a procto without grease or anesthesia, painted themselves into a corner or whatever similar simile works for you.

[QUO
TE="Care4all, post: 18889012, member: 4748"]here is what the BBC article said .....


They will combat what we have done by lowering their own tax rates to be competitive to capture more of the market share....they will not sit idly and simply watch...

Globalist corporations are rejoicing!

Will Trump's plans trigger a tax war?

Not possible. Between tax evasion and avoidance the member states of the EU are in big trouble. A tax war would have to go below national survival rates to get to the point where they were cutting taxes actually collected. and FW China's tax and regulation evasion and avoidance are even bigger.

do you mean they will have to BORROW the money like us. in order to pay for a tax cut for corporations, so they would not do it?

Borrowing that much money would crash the EU, I suspect. Rooting out the corruption is a non-starter too.

But won't they be hurt as much with their tax revenues by corporations leaving their countries and coming here to the USA?

Are they really going to sit by and do nothing? Can they afford to sit by and do nothing William?

You do know there are many countries doing better economically than USA and thats without a tax scam?

Name them and their tax rate

 

[Wyatt earp]

other nations will just lower their corporate tax rate to be competitive with us....

that's how it works....

then what?

we give another tax break to bring corporations even lower than the 21%?

They were already lower , and read the links we are using double taxation in the bill unless you make it in America

here is what the BBC article said .....

The US is likely to face challenges to some measures and the combination of changes could pressure other countries to rewrite their own rules, perhaps by lowering taxes, said Reuven Avi-Yonah, a law professor at the University of Michigan.

They will combat what we have done by lowering their own tax rates to be competitive to capture more of the market share....they will not sit idly and simply watch...

Globalist corporations are rejoicing!

Will Trump's plans trigger a tax war?

Key Findings

• The United States has the third highest general top marginal corporate income tax rate in the world at 39 percent, which is the same as Puerto Rico and is exceeded only by Chad and the United Arab Emirates.
• The worldwide average top corporate income tax rate (accounting for 173 countries and tax jurisdictions) is 22.9 percent, 29.8 percent weighted by GDP.
• By region, Europe has the lowest average corporate tax rate at 18.7 percent (26.1 percent weighted by GDP). Africa has the highest simple average at 28.77 percent.
• Larger, more industrialized countries tend to have higher corporate income tax rates than developing countries.
• The worldwide average corporate tax rate has declined since 2003 from 30 percent to 22.9 percent.
• Every region in the world has seen a decline in its average corporate tax rate in the past twelve years.

Introduction
It is well known that the United States has the highest corporate income tax rate among the 34 industrialized nations of the Organisation for Economic Co-operation and Development (OECD).[1] However, it is less well known how the United States stacks up against countries throughout the entire world. Expanding the sample of countries and tax jurisdictions to 173, the U.S.’s corporate tax rate of 39 percent is the third highest in the world, tied with Puerto Rico and lower only than the United Arab Emirates and Chad, which have rates of 55 and 40 percent, respectively. The U.S. tax rate is 16 percentage points higher than the worldwide average of 22.8 percent and a little more than 9 percentage points higher than the worldwide GDP-weighted average of 29.8 percent. As with the average tax rate among industrialized nations, the average worldwide tax rate has been declining in the past ten years, pushing the United States farther from the norm. This worldwide decline in corporate tax rates can been seen in all regions of the world.

The United States Has the Third Highest Corporate Tax Rate among 173 Nations
The top marginal corporate tax rate among the 173 countries surveyed was the United Arab Emirates,[2]which has a top rate of 55 percent (Table 1).[3] This is followed by the African nation Chad (40 percent). The United States, with a combined top marginal tax rate of 39 percent (consisting of the federal tax rate of 35 percent plus the average tax rate among the states), has the third highest corporate income tax rate in the world, along with Puerto Rico. In contrast, the average across all 173 countries is 22.9 percent, or 29.8 percent weighted by gross domestic product.[4] the

 

[eddiew37]

Not possible. Between tax evasion and avoidance the member states of the EU are in big trouble. A tax war would have to go below national survival rates to get to the point where they were cutting taxes actually collected. and FW China's tax and regulation evasion and avoidance are even bigger.

do you mean they will have to BORROW the money like us. in order to pay for a tax cut for corporations, so they would not do it?

Borrowing that much money would crash the EU, I suspect. Rooting out the corruption is a non-starter too.

But won't they be hurt as much with their tax revenues by corporations leaving their countries and coming here to the USA?

Are they really going to sit by and do nothing? Can they afford to sit by and do nothing William?

No but under the Euro rules there is nothing they can do that will not increase the damage. They have gotten too clever by half, are getting a procto without grease or anesthesia, painted themselves into a corner or whatever similar simile works for you.

Not possible. Between tax evasion and avoidance the member states of the EU are in big trouble. A tax war would have to go below national survival rates to get to the point where they were cutting taxes actually collected. and FW China's tax and regulation evasion and avoidance are even bigger.

do you mean they will have to BORROW the money like us. in order to pay for a tax cut for corporations, so they would not do it?

Borrowing that much money would crash the EU, I suspect. Rooting out the corruption is a non-starter too.

But won't they be hurt as much with their tax revenues by corporations leaving their countries and coming here to the USA?

Are they really going to sit by and do nothing? Can they afford to sit by and do nothing William?

You do know there are many countries doing better economically than USA and thats without a tax scam?

Name them and their tax rate

Richest countries
RANKED: The 30 richest countries in the world

 

[eddiew37]

other nations will just lower their corporate tax rate to be competitive with us....

that's how it works....

then what?

we give another tax break to bring corporations even lower than the 21%?

They were already lower , and read the links we are using double taxation in the bill unless you make it in America

here is what the BBC article said .....

The US is likely to face challenges to some measures and the combination of changes could pressure other countries to rewrite their own rules, perhaps by lowering taxes, said Reuven Avi-Yonah, a law professor at the University of Michigan.

They will combat what we have done by lowering their own tax rates to be competitive to capture more of the market share....they will not sit idly and simply watch...

Globalist corporations are rejoicing!

Will Trump's plans trigger a tax war?

Key Findings

• The United States has the third highest general top marginal corporate income tax rate in the world at 39 percent, which is the same as Puerto Rico and is exceeded only by Chad and the United Arab Emirates.
• The worldwide average top corporate income tax rate (accounting for 173 countries and tax jurisdictions) is 22.9 percent, 29.8 percent weighted by GDP.
• By region, Europe has the lowest average corporate tax rate at 18.7 percent (26.1 percent weighted by GDP). Africa has the highest simple average at 28.77 percent.
• Larger, more industrialized countries tend to have higher corporate income tax rates than developing countries.
• The worldwide average corporate tax rate has declined since 2003 from 30 percent to 22.9 percent.
• Every region in the world has seen a decline in its average corporate tax rate in the past twelve years.

Introduction
It is well known that the United States has the highest corporate income tax rate among the 34 industrialized nations of the Organisation for Economic Co-operation and Development (OECD).[1] However, it is less well known how the United States stacks up against countries throughout the entire world. Expanding the sample of countries and tax jurisdictions to 173, the U.S.’s corporate tax rate of 39 percent is the third highest in the world, tied with Puerto Rico and lower only than the United Arab Emirates and Chad, which have rates of 55 and 40 percent, respectively. The U.S. tax rate is 16 percentage points higher than the worldwide average of 22.8 percent and a little more than 9 percentage points higher than the worldwide GDP-weighted average of 29.8 percent. As with the average tax rate among industrialized nations, the average worldwide tax rate has been declining in the past ten years, pushing the United States farther from the norm. This worldwide decline in corporate tax rates can been seen in all regions of the world.

The United States Has the Third Highest Corporate Tax Rate among 173 Nations
The top marginal corporate tax rate among the 173 countries surveyed was the United Arab Emirates,[2]which has a top rate of 55 percent (Table 1).[3] This is followed by the African nation Chad (40 percent). The United States, with a combined top marginal tax rate of 39 percent (consisting of the federal tax rate of 35 percent plus the average tax rate among the states), has the third highest corporate income tax rate in the world, along with Puerto Rico. In contrast, the average across all 173 countries is 22.9 percent, or 29.8 percent weighted by gross domestic product.[4] the

The EFFECTIVE tax rate of those American companies is 21% and now it will be 9%

 

[Wyatt earp]

do you mean they will have to BORROW the money like us. in order to pay for a tax cut for corporations, so they would not do it?

Borrowing that much money would crash the EU, I suspect. Rooting out the corruption is a non-starter too.

But won't they be hurt as much with their tax revenues by corporations leaving their countries and coming here to the USA?

Are they really going to sit by and do nothing? Can they afford to sit by and do nothing William?

No but under the Euro rules there is nothing they can do that will not increase the damage. They have gotten too clever by half, are getting a procto without grease or anesthesia, painted themselves into a corner or whatever similar simile works for you.

do you mean they will have to BORROW the money like us. in order to pay for a tax cut for corporations, so they would not do it?

Borrowing that much money would crash the EU, I suspect. Rooting out the corruption is a non-starter too.

But won't they be hurt as much with their tax revenues by corporations leaving their countries and coming here to the USA?

Are they really going to sit by and do nothing? Can they afford to sit by and do nothing William?

You do know there are many countries doing better economically than USA and thats without a tax scam?

Name them and their tax rate

Richest countries
RANKED: The 30 richest countries in the world

We'll move to QATAR and tell us how you like it

 

[JakeStarkey]

The jobs won't come back.

Why in the world would the corporations give up cheaper labor in favor of more expensive American labor?

^^^ defeatist liberal alert.

I am not a liberal, and you are a delusion neo-fascist. The jobs are not coming back because Trump can't bring them back. Here is an alert for the silly alt right.

 

[BluesLegend]

The jobs won't come back.

Why in the world would the corporations give up cheaper labor in favor of more expensive American labor?

^^^ defeatist liberal alert.

I am not a liberal, and you are a delusion neo-fascist. The jobs are not coming back because Trump can't bring them back. Here is an alert for the silly alt right.

Lib please you are a flaming card carrying liberal. Other liberals wish they were you that's how liberal you are.

 

[JakeStarkey]

The alt right and Trump and the likes of you are working with the Russians for the down fall of America.
You won't be allowed to let that happen. Yeah, bust your bubble time. Remember that you are snow flakes.