France has long been something of a laughing stock when it comes to business competitiveness but now they’ve launched an effort to model their tax system on the highly effective one used by Germany. In the mean time America is on track to have the highest Corporate tax rate in the world since so many of our lawmakers consider Corporations to be the “enemy” (i.e. attacking Corporate America helps with re-election even though an irresponsible act). Quite sad for the leading capitalist nation to be behind one of the most socialist.
France, Seeking Growth, Looks to German Tax Model - WSJ.com.