Bipartisan Consensus Emerging News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A bipartisan consensus emerging. when you showed that chart with the international average now at about 24%, it's important for your viewers to know that we're at about 39% when you include the state and local taxes so we are about 50% above the international average. how does this translate into jobs? i really believe that one of the reasons we've seen outsourcing in the last few years, american companies creating jobs abroad, i talk to these ceos all the time. they say there's a 15% tax disadvantage of investing in the united states versus abroad, so for the average person watching the show ...

Investment domestically. we think it would bring funds back to the united states. interestingly, grant thornton did a study in 2004 when there was a tax holiday on repatriotation of funds. billions came back to the united states for investment. we think it would be more attractive for global companies to relocate to the united states with a lower corporate tax rate and a more effective corporate tax system. all leading to what we believe would be investment and potentially more jobs. >> steven moore, will the people who generally back the idea of corporate -- cutting corporate taxes, will they...