Saturday, April 28, 2007

U.S. Becoming Less Competitive

As a follow up to my post detailing how the US is becoming less competitive as a center for global manufacturing - even when compared to other developed nations, a March 26, 2007 Forbe's article "Crouching Tigers" confirms that European nations are favoring corporate tax cuts and deregulation (although they still have a long way to go).

Pay attention to the graph, folks.

If you think the Republicans are business-friendly, think again. "Compassionate" progressivism in tax cuts, with corporations and the rich bearing more of the national tax burden is nothing more than punishment of the good for being good.

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