Global Corporate Tax Rates as Supply Side Economics

This is essentially a debate over supply side economics on a global scale. It assumes that the driver behind investment is available cash. This is complete and utter nonsense. If shareholders need to be paid dividends, multi-nationals may send money to do so.

The big shareholders and CEOs have plenty of money to maintain their domestic lifestyles. No one skimps on that additional mansion due to corporate tax rates. If I had a stash of money overseas, I would get it here, regardless of the cost, because I am not rich. Rich people have the luxury of not needing the money.

If companies need to start production in the American market, they may send money home - but sending money to the U.S. does not drive domestic investment. Domestic demand drives domestic investment. Tax policy (Value Added and Import) may have a small impact (but probably not). Any decision that close is not worth making.

Finally, the lower the tax rate, the less likely tax policy will matter. Like major donations, it is a non-issue. This debate is a symptom of how much the donor sector can influence government - not how government can influence society. Cue Captain Obvious.