America cannot achieve full employment, high productivity and broad income distribution by subsidizing a national race to the bottom.
National “competitiveness” means full employment, high productivity and broad income distribution – all boats rising.
Cutting corporate taxes does not achieve competitiveness.
Nation’s with Zero Corporate Tax Rates:
Caymen Islands, Bahamas, Anguilla, Guernsey, Bahrain, Isle of Man, Kuwait, United Arab Emirates 8 countries
Nation’s with 15% & Below Corporate Tax Rates:
Ireland – 12.5%, Bulgaria – 10%, Cyprus – 12.5%, Albania – 15%, Gibraltar 10%, Andora – 15%, Hungary – 9%, Maldives – 15%, Latvia – 15%, Lebannon – 15%, Liechtenstein – 12.5%, Macau – 12%, Macedonia – 10%, Malta – 15%, Moldova – 12%, Mongolia – 10%, Montenegro – 9%, Oman – 15%, Palestine – 15%, Serbia – 15%, Paraguay – 10%, Qatar – 10%, Uzbekistan – 8% 23 countries
SOURCES:
https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates