Judd Legum

Judd Legum @JuddLegum

@kpomerleau My point, which I don't think you would disagree with, is that you can't measure competitiveness from a business perspective without looking at everything, including a VAT, individual taxes, etc. Isolating the statutory corporate tax rate does not give you an accurate picture. — PolitiTweet.org

Judd Legum @JuddLegum

@kpomerleau Well you are also not including individual taxes, which is also a big part of the picture. The idea that cutting the statutory corporate tax rate will spur business investment was tested in 2017. The Cleveland Fed found that it "held investment down rather than stimulated it" — PolitiTweet.org