Wednesday, July 15, 2009

Do As We Say, Not As We Do

Stephen Hayward at No Left Turns notes that when President Obama visited Ghana he told the Ghanian Parliament that:

"No business wants to invest in a place where the government skims 20 percent off the top."

Hayward then reminds us that the U.S. corporate income tax is at 35 percent, the highest in the industrialized world, and likely to go up.

So what does the President think raising American taxes is going to do to investment in this country, and what was he telling the Ghanians? That they're not taxing business enough?

RLC