American taxation policy is killing jobs

It's almost April 18 - tax day! It's the day when Americans will queue at post offices to ensure a pre-midnight postmark on their federal income tax returns.

For American corporations, every day is a battle with taxes, and every day we're losing the battle.

At 39.2 percent - inclusive of federal and average state taxes - the corporate tax rate in the United States is second only to Japan's among the developed nations of the world. American corporations face taxes nearly 14 percent higher than the average of the 34 member nations of the Organization for Economic Co-operation and Development. The OECD members are mostly western European democracies, Japan and emerging …