Wednesday, August 16, 2023

Corporate Tax Rate by Country 823

The poorest countries have the highest corporate tax rate. The highest corporate tax is 37.5% in Puerto Rico followed by 36% in Suriname and 35% in Chad.  The lowest corporate tax rate is 0 in UAE and 6 smaller countries.

The US corporate tax rate is average at 21% and was lowered from 35% in 2017 to stem the loss of manufacturing jobs in the US. China’s corporate tax rate is 25%.

https://tradingeconomics.com/country-list/corporate-tax-rate

US Multinational Corporations are no longer loyal US companies and are focused on creating and expanding their consumer base in high population poor countries.  They prefer to maintain their global supply chains and promote US tax subsidies and foreign aid to develop poor countries. They continue to headquarter in the US to bend US elected officials to their purposes.  They are pursuing corporate colonial expansion in communist countries whose citizens are not allowed to own land so that families can never accumulate wealth. These families would be better off using capitalism and freedom under non-tyrannical limited governments, but corporations prefer to partner with tyrants, because it’s easier.

US taxpayers paid $3 billion per year to subsidize other countries to fight “climate change” through the Paris Accords prior to 2017. In 2022 and 2023, Biden is spending $3 trillion on this hoax.

The average temperature in 1875 was 52.5 and in 2022 was 52.2. Climate Change is a Hoax. It would make more sense to stop forest fires and plant more trees.

https://www.weather.gov/media/slc/ClimateBook/Annual%20Average%20Temperature%20By%20Year.pdf2 

Norb Leahy, Dunwoody GA Tea Party Leader

 

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