... the nation is falling behind emerging market rivals and just keeping pace with other advanced economies, according to a Harvard Business School survey of 9,750 of its alumni in the United States and 121 other countries.
Seventy-one percent of respondents expected the U.S. to become less competitive...
TURNING THE U8SA INTO A THIRD WORLD NATION: THANKS OBAMA!
Simplifying the tax code according to the Bowles-Simpson committee's recommendations would definitely help make American businesses more competitive.
ReplyDeleteThe Bowles-Simpson deficit-reduction plan would simplify the corporate tax code and improve U.S. competitiveness by removing corporate tax expenditures, lowering tax rates, and moving to a territorial tax system. http://bit.ly/noTDPF
Implementing the Bowles-Simpson plan would improve economic growth and set the economic foundation to get Americans back to work.