1. American businesses have the highest corporate tax rate in the industrialized world at 39%, including federal and state taxes.
2. America’s tax system hasn’t been reformed since 1986, before widespread use of the Internet and when Top Gun was #1 at the box office.
3. 95% of the world’s consumers are outside of the U.S.
4. 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).
5. 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.
6. More than 63 million American jobs depend on U.S. global companies – either directly or through their supply chains.
7. Of the 34 OECD countries, 28 have some version of a territorial tax system. And 15 of those countries have adopted this new form of international tax system since 2000.
8. Over 90 percent of the non-U.S. OECD-based companies on the Fortune 500 are based in countries that have a “territorial” tax system.
9. Emerging economies will add nearly 2 billion middle class consumers in the next decade, creating an economic opportunity 1,000 times as big as the Industrial Revolution.
10. For global companies, success abroad means growth at home. On average, a global American company buys more than $3 billion in goods and services from more than 6,000 American small businesses.