The United States has the highest corporate tax rate of any nation in the world, and the people of Ireland are saying, “Thanks Congress” for keeping America’s business tax rate so high because it creates jobs in Europe.
Across the globe, governments are slashing their corporate tax rate to spur investment, attract businesses, and spark economic growth.
Our current tax code picks winners and losers rather than treating all businesses the same. At 35%, our corporate tax rate burdens economic growth, job creation and wages in the United States.
It’s time to grow our economy, to create jobs, and to increase wages in the United States.