You Got To Remember, S Corporations Pay One Layer Of Tax, Corporations Pay Two Layers Of Tax. So We Basically See Equivalent, But Here`s The Point. The Rest Of The World, They Tax Their Businesses At An Average Rate In The Industrialized World Of 23 Percent. Our Corporate Is 35. Our Top S Corporate, Small Business Rate Is 44.6 Effectively. This Is Killing Us.

-Paul Ryan

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You Got To Remember, S Corporations Pay

Paul Ryan

You Got To Remember, S Corporations Pay One Layer Of Tax, Corporations Pay Two Layers Of Tax. So We Basically See Equivalent, But Here`s The Point. The Rest Of The World, They Tax Their Businesses At An Average Rate In The Industrialized World Of 23 Percent. Our Corporate Is 35. Our Top S Corporate, Small Business Rate Is 44.6 Effectively. This Is Killing Us.

Topic

Average

Two

World

The Other Thing That's Really Important In Tax Reform Is Making Sure That We Don't Tax American Businesses At Much Higher Tax Rates Than Our Foreign Competitors Tax Theirs. It Is Costing Us Jobs. It's One Of The Reasons All These American Companies Are Moving Overseas.

Jobs

Moving

Important