I know what you are thinking - This guy wants to be President in 2016? Biden is really a pretty stupid guy.
What countries does Biden think will go along with his idea to make competition more even? China? LOL
And, what does other countries having a minimum corporate tax have to do with us lowering our corporate tax?
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"For years, American manufacturers have faced one of the highest tax rates in the world. We want to reduce that by over 20%. We want to drop the rate, particularly, for high-tech manufacturers like you, Mr. President, even further than the 20%," Vice President Joe Biden said at a manufacturing plant in Davenport, Iowa this week.
"We want to create (what's called) a global minimum tax, because American taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home," Biden said at a campaign event.
http://www.realclearpolitics.com/video/2012/03/30/biden_we_want_to_create_a_global_minimum_tax.html
What countries does Biden think will go along with his idea to make competition more even? China? LOL
And, what does other countries having a minimum corporate tax have to do with us lowering our corporate tax?
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"For years, American manufacturers have faced one of the highest tax rates in the world. We want to reduce that by over 20%. We want to drop the rate, particularly, for high-tech manufacturers like you, Mr. President, even further than the 20%," Vice President Joe Biden said at a manufacturing plant in Davenport, Iowa this week.
"We want to create (what's called) a global minimum tax, because American taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home," Biden said at a campaign event.
http://www.realclearpolitics.com/video/2012/03/30/biden_we_want_to_create_a_global_minimum_tax.html