FREEDOM LINE BLOG: Image of the Day: U.S. Corporate Tax Rate Remains Too High
As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America…
feed-image _
CFIF on Twitter CFIF on YouTube
Image of the Day: U.S. Corporate Tax Rate Remains Too High

As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America's inglorious status as the developed world's highest corporate tax rate looms.  Important in that debate is something that many people may find surprising:  America's corporate tax rate remains too high.  As our friends at the Tax Foundation highlight, at 25.8%, it stands above the worldwide average of 23.51%.  Something to keep in mind when opponents of tax reform and greater global competitiveness attempt to mischaracterize our current rate as somehow too low.

 

[caption id="" align="aligncenter" width="508"] U.S. 25.8% Corporate Tax Rate Remains Too High[/caption]

 …[more]

December 20, 2024 • 09:17 AM
[close]

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
10 New Ideas to Make America's Economy Great Again in 2025
By Stephen Moore
Tuesday, December 24 2024
Here's my wish list for the incoming Trump administration to make America healthy and prosperous and great again in 2025. 1. Slash Job-Killing Regulations The regulatory state is a $2 trillion tax on the American economy. We all want worker safety, a clean environment and consumer protections, but in too many cases the costs of regulations far outweigh the societal benefits. President-elect Donald Trump has promised to slash 10 rules for every new rule. Just do it, Mr. President. 2. Make the Trump Tax Cuts Permanent As JFK, Ronald Reagan and others have proven throughout history, lower tax…
 
President Biden Should Follow the Rule of Law on U.S. Steel Deal
President Joe Biden recently declared that although he “[believes] in the justice system,”…
Read more...
The Obama Doctrine Is Dead
The Obama Doctrine is as dead as Yahya Sinwar. And the world is better off in both cases. While the…
Read more...
 
CFIF Launches New Ad Campaign Calling for Full Repeal of Tennessee’s Certificate of Need Laws
"Get Big Government Out of Our Healthcare, Reduce Costs and Improve Care." NASHVILLE –…
Read more...
Trump Defamation Win Humiliates ABC News and George Stephanopoulos
Defamation lawsuits by public figures such as former presidents are exceedingly difficult to maintain.  …
Read more...
 
Regulations' Enormous Costs and DOGE's Enormous Upside
The Department of Government Efficiency has made a promise: It will go after regulations that slow growth…
Read more...
Trump's Popularity Is Rising – What Will The Resistance Do?
Dec. 6 was a historic day. It was the first time since July 2015 – since Donald Trump…
Read more...
 
To Bring Joy to America: End the Weaponization of the IRS
One of the highest priorities for the incoming Trump administration should be to end the Democrats' weaponization…
Read more...
It's Time For a National Conversation About Left-Wing Violence
Even before we knew the targeted killing of UnitedHealthcare CEO Brian Thompson by Luigi Mangione was…
Read more...
 
Bidenomics: An Ode to Central Planning and Cronyism
Bidenomics, with its obsolete preference for big-government central planning, certainly proved lucrative…
Read more...
Don't Write Off DOGE
Elon Musk and Vivek Ramaswamy want to cut $2 trillion and make the government more efficient. It's a…
Read more...
More Commentary...
Notable Quote   
 
"The recently released White House report blaming computer software for the massive increases in rental prices that Americans have suffered over the past four years is best described as a self-serving whitewash.This report claims that algorithmic pricing software, used by property owners to set a market price for their rental properties, has artificially inflated rents. But this analysis conveniently…[more]
  
 
— Bay Buchanan, Former Treasurer of the United States Under President Ronald Reagan
 
Liberty Poll   

Elon Musk is quickly emerging as a worldwide force for unfettered public speech, government reforms, business aggressiveness and technological revolution. Do you regard him overall as a positive or negative influence on government, culture and business?