From the undefatigable Will Franklin this quote:
Other countries are catching on to the fact that globalization means economies do not exist in separate, sterile lab beakers. Countries must compete with each other, policy-wise, in order to lure (and/or keep) dynamic, job-creating, wealth-generating companies.
From 2000 to 2005, corporate tax rates around the world fell significantly, while remaining nearly unchanged in the U.S.
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