What proof do u have ? Shall we just take ur word for it and ignore real world evidence to the contrary?Sorry I missed this.
Circumstantial evidence, any tax rate at all provides some incentive to shelter income. Cash reserves, onshore or offshore (both at record levels) do not prove investment is subdued because of taxes.
Investment is subdued because the mountains of capital out there have simply not found any profitable place to go that capital has not already found.
Do you think people enjoy paying taxes ?
Donald J. Trump@RealDonaldTrFan