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02/24/2012

Increasing Already High U.S. Corporate Taxes Will Disadvantage American Companies in the World Economy

America used to have one of the lowest corporate tax rates in the world but, as other industrialized nations have lowered corporate taxes, in 2011 the U.S. combined corporate rate of 39.2% was the second highest among OECD (Organization for Economic Cooperation and Development) countries, 13 percentage points higher than the OECD average.

Increasing Already High U.S. Corporate Taxes Will Disadvantage America

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