Peterson Institute Warns of Discriminatory Taxes Against Large Companies

October 11, 2011 by

The Peterson Institute for International Economics just issued a new policy brief, entitled, “US Tax Discrimination Against Large Corporations Should be Discarded.”

The institute writes, that, “If the targets of discrimination are the nation’s largest firms the country will find it harder to compete on a global scale in industries that require dedicated research for decades, industries that exhibit huge scale economies, and industries that network across national borders.”

This is especially true for U.S. oil and natural gas companies – some of our nation’s largest companies – who compete against much larger state-owned enterprises around the world.

Click here to read the full report; I highly recommend it.

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