We are not better off better tax policy is essential for better economic growth


Canada’s Recovery vs. UNITED STATES’ Recovery
U.S. ranking has fallen from #1 in 2008-2009 survey to #7 in 2012-2013
survey in the World Economic Forum’s Global Competitive Index: www.weforum.org
Assumes each country has  16 trillion to remind you of U.S. national debt balance  starting beginning of recession.

OBAMA US GDP UNITED STATES CANADA GDP CANADA
RECESSION BEGIN  % CHANGE $16,000,000,000,000  % CHANGE ########
QTR 3 2008 -3.7 $15,408,000,000,000 0.09 ########
QTR 4 2008 -8.9 $14,036,688,000,000 -0.79 ########
QTR 1 2009 -6.7 $13,096,229,904,000 -1.8 ######## Canada lowered top
QTR 2 2009 -0.7 $13,004,556,294,672 -0.71 ######## Central Government
QTR 3 2009 1.7 $13,225,633,751,681 0.22 ######## Corporate tax rate
QTR 4 2009 3.8 $13,728,207,834,245 1.21 ######## from 22.12% to 15%
QTR 1 2010 3.9 $14,263,607,939,781 1.4 ######## U.S. has highest
QTR 2 2010 3.8 $14,805,625,041,493 0.6 ######## Corporate tax rate
QTR 3 2010 2.5 $15,175,765,667,530 0.4 ######## among industrialized
QTR 4 2010 2.3 $15,524,808,277,883 0.8 ######## countries
QTR 1 2011 0.4 $15,586,907,510,995 0.9 ######## Top priority of
QTR 2 2011 1.3 $15,789,537,308,638 -0.1 ######## S.T.R.I.V.E. is to
QTR 3 2011 1.8 $16,073,748,980,194 1 ######## lower U.S. Corporate
QTR 4 2011 3 $16,555,961,449,600 0.5 ######## tax rates
QTR 1 2012 2 $16,887,080,678,592 0.5 ######## Canada is winning
QTR 2 2012 1.7 $17,174,161,050,128 0.5 ######## ########
U.S. has fallen from 5th to 10th, Canada has risen from 7th to 6th since 2008 in Heritage’s ranking of Economic Freedom
NET U.S. JOBS LOST SINCE BEGINNING OF RECESSION (4,185,000)
REAGAN US GDP UNITED STATES CANADA GDP CANADA
RECESSION BEGINS  % CHANGE $16,000,000,000,000  % CHANGE ########
QTR 2 1980 -7.9 $14,736,000,000,000 2 ########
QTR 3 1980 -0.7 $14,632,848,000,000 1.3 ########
QTR 4 1980 7.6 $15,744,944,448,000 1.8 ########
QTR 1 1981 8.6 $17,099,009,670,528 3.4 ######## U.S. lowered top
QTR 2 1981 -3.2 $16,551,841,361,071 4.6 ######## individual tax rate
QTR 3 1981 4.9 $17,362,881,587,764 3.9 ######## from 70% to 50%;
QTR 4 1981 -4.9 $16,512,100,389,964 2.2 ######## doubled depreciation
QTR 1 1982 -6.4 $15,455,325,965,006 -1.3 ######## eductions on real estate
QTR 2 1982 2.2 $15,795,343,136,236 -3.1 ######## instituted 10%
QTR 3 1982 -1.5 $15,558,412,989,193 -3.3 ######## investment tax
QTR 4 1982 0.3 $15,605,088,228,161 -3.7 ######## credit
QTR 1 1983 5.1 $16,400,947,727,797 -1.3 ######## Tax policy solved
QTR 2 1983 9.3 $17,926,235,866,482 2 ######## the problems then
QTR 3 1983 8.1 $19,378,260,971,667 4 ######## S.T.R.I.V.E. tax policy
QTR 4 1983 8.5 $21,025,413,154,259 6.2 ######## solves today’s problems
QTR 1 1984 8 $22,707,446,206,600 6.5 ######## U.S. won
QTR 2 1984 7.1 $24,319,674,887,269 5.9 ######## ########
Net U.S. recovery differences $7,145,513,837,141 ########
NET U.S. JOBS GAINED SINCE BEGINNING OF RECESSION 3,470,000 BETTER BY 7,655,000
UNDER REAGAN’S POLICIES GDP BETTER BY 7 TRILLION
S.T.R.I.V.E. FOR AMERICA  SEE BLOG: striveforamerica.wordpress.com
Comments please: striveforamerica@gmail.com   call 703-477-0992
STRATEGIC TAX REFORM INCENTIVIZING VALUABLE EMPLOYMENT- S.T.R.I.V.E.
S.T.R.I.V.E. tax policy authored by Gerald R. Geddes, C.P.A.

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