I just came across an interesting article on how high US tax rates are hurting the US businesses.  Ten percent of the fortune 500 companies have relocated their corporate headquarters to reduce tax burdens by as much as 50%.  I’m just wondering when Washington will realize that higher taxes hurt business?

See the interesting article below:

http://features.blogs.fortune.cnn.com/2013/05/21/actavis-the-latest-fortune-500-company-to-leave-the-u-s-for-tax-reasons/?mkt_tok=3RkMMJWWfF9wsRokuqzKZKXonjHpfsX56u0rWaazlMI/0ER3fOvrPUfGjI4ARcVgI%2BSLDwEYGJlv6SgFS7fDMapx0bgNUxY%3D