Even if only half of the current $2 trillion in foreign earnings that have been accumulated overseas were to come back to the United States it would exceed the investments made by the American Recovery and Reinvestment Act of 2009 (the “stimulus” bill).
America’s Persistently High Corporate Tax Rate
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U.S. Has the Highest Corporate Tax Rate in the Developed World in 2013
Global companies based in the United States employed nearly 23 American million workers in 2011. For every direct job, there are 1.7 additional jobs that are supported by the supply chain or employee spending and payroll.