Detailed text transcripts for TV channel - MSNBC - 20120430:14:37:00
Problems we have with the american tax policy. our corporate rate is 35%, the average tax rate in europe is 25%. a lot of countries have significantly lower international tax rates. canada is about 17%. an american company that does a lot of business internationally is better off if it was purchased by a canadian firm or a firm in the netherlands or in ireland. what apple did was have subsidiari subsidiaries, it could have just been butt by a company this ire plan who had dramatic lower taxes across the board. >> is it fair to compare the tax rate in united states and the tax rate in a tiny co...
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