Time to Fire America's Management | Richard W. Rahn | Cato Institute: Commentary

Time to Fire America's Management | Richard W. Rahn | Cato Institute: Commentary: "'Higher effective corporate income taxes are also associated with lower investment in manufacturing but not in services, a larger unofficial economy, and greater reliance on debt as opposed to equity finance. In these new data, corporate taxes matter a lot, and in ways consistent with basic economic theory.' (If you tax something, you get less of it.)

Many of the members of Congress who consistently wail about the loss of U.S. manufacturing jobs are the same ones who, time and time again, vote to crush U.S. companies with more taxes and regulations."