Tuesday, July 14, 2009

Say WHAT, President Obama?

ATR reports that Obama gets it.......if you happen to be in Africa.

In his televised address across the African continent last Saturday, President Obama stated with true wisdom: “No business wants to invest in a place where the government skims 20 percent off the top”.

We couldn’t agree more! The U.S’s exorbitant average marginal corporate tax rate of 39.3% is exactly the reason business and investment is
fleeing the U.S in droves.

Perhaps it was a parsing error. After all, "taxing" is not the same as "skimming," right?

1 comment:

J. Strupp said...