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<blockquote data-quote="av8torntn" data-source="post: 977191" data-attributes="member: 8259">Re: ObamanomicsIt is true that Canada has a lower business tax rate than the US does and you have reminded us many times that you have lived in many Countries and could open a business anywhere but you chose Canada. Now were you a liar when you were telling all of us that?If government spending caused prosperity it would be logical that Cuba or Iraq would be among&nbsp; the most prosperous places on Earth as they have the largest share of government spending to GDP. They are not.Historical corporate tax rate for Canada(highest)2005-2007&nbsp;&nbsp; 36.1%2008&nbsp;&nbsp; 33.5%2009&nbsp; &nbsp; 33.1%2010&nbsp; 31%2011&nbsp;&nbsp; 28%2012&nbsp; 26%<a href="http://en.wikipedia.org/wiki/Laffer_curve" target="_blank">Laffer curve</a><a href="http://dailycaller.com/2012/03/13/what-policymakers-can-learn-from-canadas-corporate-tax-cuts/" target="_blank">What can be learned from Canada&#039;s corporate tax rates</a></blockquote>

[QUOTE="av8torntn, post: 977191, member: 8259"] [b]Re: Obamanomics[/b] It is true that Canada has a lower business tax rate than the US does and you have reminded us many times that you have lived in many Countries and could open a business anywhere but you chose Canada. Now were you a liar when you were telling all of us that? If government spending caused prosperity it would be logical that Cuba or Iraq would be among the most prosperous places on Earth as they have the largest share of government spending to GDP. They are not. Historical corporate tax rate for Canada(highest) 2005-2007 36.1% 2008 33.5% 2009 33.1% 2010 31% 2011 28% 2012 26% [URL="http://en.wikipedia.org/wiki/Laffer_curve"]Laffer curve[/URL] [URL="http://dailycaller.com/2012/03/13/what-policymakers-can-learn-from-canadas-corporate-tax-cuts/"]What can be learned from Canada's corporate tax rates[/URL] [/QUOTE]

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