I know what you are thinking - This guy wants to be President in 2016? Biden is really a pretty stupid guy. What countries does Biden think will go along with his idea to make competition more even? China? LOL And, what does other countries having a minimum corporate tax have to do with us lowering our corporate tax? -------- "For years, American manufacturers have faced one of the highest tax rates in the world. We want to reduce that by over 20%. We want to drop the rate, particularly, for high-tech manufacturers like you, Mr. President, even further than the 20%," Vice President Joe Biden said at a manufacturing plant in Davenport, Iowa this week. "We want to create (what's called) a global minimum tax, because American taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home," Biden said at a campaign event. http://www.realclearpolitics.com/video/2012/03/30/biden_we_want_to_create_a_global_minimum_tax.html
Biden's thought processes are the result of riding on heavily subsidized Amtrak for too many years. Kill this subsidy! Seneca
I dont understand this administration, Obama and his coterie... they dont seem to have any original ideas and so they borrow all kinds of rubbish from Europe and of course the Europeans feel vindicated and become their biggest cheer leaders.