Wednesday, July 15, 2009

Oh, Yes--Taxes DO Make a Difference

Of course the Briggs & Stratton closures/relocations have nothing to do with Wisconsin taxes.

Obama/Soetoro's decision to attempt taxing foreign profits at the second-highest corporate tax rate in the OECD will absolutely cause large corporations to abandon the USA. There's no question about it. I drove through Switzerland recently and saw the billboards that McDonalds had put up throughout the country. The pictures of fries and sesame seeds in the shape of Switzerland effectively raised a middle finger to the UK, since the advertisements were announcing the relocation of McDonalds's European headquarters that had formerly been based in London.

Lather, rinse, repeat:

Of course the Briggs & Stratton closures/relocations have nothing to do with Wisconsin taxes.

HT: Vox

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