Fund But Verify the Export-Import Bank
Matters will be made still worse for the international competitiveness of American corporations as they are now being burdened with the highest corporate tax rate in the world at 39.2%.
By Frank Gaffney Jr. —— Bio and Archives--March 19, 2012
American Politics, News | Comments | Back To Full Article
Ordinarily, a question of whether to reauthorize the U.S. Export-Import Bank (Ex-Im) and to increase its loan limit would be about as uncontroversial a proposition as one could find on Capitol Hill. Ex-Im provides an important counterpart to the government-guaranteed loans our international competitors use to encourage their industries’ exports. And it actually makes money for the Treasury.
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