35% and the global average was 25.44% when weighted forgross domestic product (GDP). Critics have long contended that America’s high corporate tax rates put the country at a competitive disadvantage compared to lower-tax nations such as Ireland, pushing American corporations’ profits overseas....
The more important point is that this expense pushes back our eventual purchase of a fully-electric car–just in time for us to see that the Inflation Reduction Act’s tax credits now only cover a subset of the EVs on the market that excludes two of the models I’d been eyeing. ...