HIGH US TAX RATES HURT US BUSINESSES

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

About Rick Krebs, CPA - Business Valuations, Mergers & Acquisitions

Rick Krebs - Mergers and Acquisitions Professional, Business Broker, CPA. Rick brings a unique blend of sales, entrepreneurial, and financial experience to Business Sales Group. He began his career as a CPA, working in Nevada and Utah where valuable financial experience was gained. He uses those skills every day. He graduated with a Master’s of Science Degree and Bachelor’s Degree from Utah State University. As a business owner he started Liberty Mortgage, a mortgage bank licensed in 23 states nationwide. He eventually sold the successful company to an investor from California. He has been in the M&A space helping people sell their businesses since July, 2010. During his first year as a business broker with BRC, he listed and sold more businesses than the entire office combined. As a sale-side and buy-side advisor for Mergers and Acquisitions transactions Rick's advisory, accounting, and management skills are invaluable when advising sellers as they maneuver the intricate details of the deal through closing. Rick is also a CNA (Certified Negotiation Expert) which helps him negotiate the most favorable terms for clients in a transaction. ​ Rick was quoted by FORBES as an expert sales-side advisor who helps Sellers avoid the pitfalls of selling a business.

Posted on May 24, 2013, in Company News and Announcements. Bookmark the permalink. Leave a comment.

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