Sen. Obama is very upset that Sen. McCain’s tax plan will “put corporations ahead of workers.”
He’s also very upset about corporations moving overseas (and taking American jobs with them).
There’s a disconnect here. The US has one of the highest corporate tax rates in the world. Though there are certainly plenty of reasons to do business here, there are certain financial incentives to move somewhere else.
If enacted, Sen. Obama’s plans would aggravate that situation. Sen. McCain’s plans would at least keep things from getting worse.
For the healthiest economy -- which is good for everyone -- we should try to make the US the place every corporation wants to be.
Friday, October 24, 2008
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