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Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding. ↗
Virtually everywhere in the world, people still wake up and want their country to be more like the United States than any other nation. We are the envy of the world because of what we stand for and how our democratic process, flawed as it may often seem to be, operates. We should take pride in that. ↗
I forget what the relevant American rate is, but I can tell you that our goal is to have a combined federal-provincial corporate tax rate of no more than 25 percent. We're on target to do that by 2012. We will have significantly - by a significant margin the lowest corporate tax rates in the G-7, and that's our - our government's objective. ↗
