May 11th, 2013
The U.S. has a lot of catching up to do. Corporate tax rates are nearly twice as high as Sweden’s! How could a country known for socialism, ABBA and IKEA sofas with names like Dagstorp speed ahead and slash rates below ours? Blame President Reagan, sort of. When Reagan slashed taxes in the 1980s, most foreign finance ministers thought it was a loony joke – a Marx Brothers routine without the cigar and greasepaint eyebrows.
But then the U.S. launched … Continue Reading →