(August 9, 2018 at 1:04 pm)Jörmungandr Wrote: I wasn't accusing you of hypocrisy, I was saying that Trump's policies and rhetoric were hypocritical. If I misspoke, I apologize.
(ETA: Since Trump's tax cuts applied across the board, and not all foreign imports from all nations are subsidized, it still amounts to hypocrisy for him to say that he is simply trying to level the playing field.)
Incorrect. The US had nearly the highest corporate tax rate in the world. The cut in rate simply leveled the overall playing field.
https://taxfoundation.org/corporate-inco...orld-2016/
Quote:The worldwide average corporate tax rate has declined since 2003 from 30 percent to 22.5 percent.
Trump took ours from 35 to 21. He merely caught up with what the rest of the world has been doing over the past 15 years.
