It was my pleasure to interview James P. Pinkerton, co-chair of the RATE Coalition, for the Heartland Daily Podcast. As many listeners know, Jim is a regular on “Fox News Watch” and a columnist at FoxNews.com. (Follow Jim on Twitter, and also @RATEcoalition.)
The RATE Coalition advocates for lower corporate tax rates in the United States to make us more competitive with our peers in the industrialized world. Jim Pinkerton notes, for instance, how Sweden — a soft socialist country — has a lower corporate tax rate than the U.S., and is moving to lower it even further. For shame.
Of course, we also talked about the recent absurd spectacle of Apple CEO Tim Cook being hauled in front of a Senate committee to explain why he takes every legal step to avoid America’s punitive corporate tax rate — while still sending billions to the federal Treasury every year.
“Companies have a choice,” Pinkerton says. “They don’t have to put their money in America. They can put it somewhere else.”
We also discuss a metric I invented: The Depardieu Line, the rate at which a celebrity will stay in his own country. Enjoy.[Subscribe to the Heartland Daily Podcast free at this link.]