It's not often that you hear about the United States being disadvantaged compared with other countries. But think about it, if a company has to decide where to invest, the rate of tax that will have to be paid to the government makes a big difference. If a company can keep more of what it earns in another country, the other country will be more attractive from a business perspective.
If we want the United States to compete in the world market, we have to have a tax system that is competitive with other countries. Additionally, our government needs to be receptive to business instead of standing in its way, making it harder for business to operate.
In Kent's view, our tax system is dragging down the economy. "I believe the U.S. owes itself to create a 21st century tax policy for individuals as well as businesses," he said. While businesses are constantly reinventing themselves, their products and their marketing to appeal to customers, the government seems to run on rules and regulations created for a different era.
Kent goes even further, suggesting that politicians need more of an incentive to make the changes that he believes are required to make the U.S. economy robust again. "There's too much comfort," he said. "We need more needles to stick in politicians."
With 81 percent of the American people disgruntled with our government, there are probably plenty of Americans who have had the urge to stick a needle in a government official. Instead of using a straight pin, it might be more effective to use a writing pen. Officials are as interested in getting re-elected as businesses are in selling their products. So, if you are one of the 81 percent of Americans dissatisfied with our government officials, then let them know -- stick them with a pen.
Let them know that we need a 21st century government that is responsive to the people and helpful to business, and a 21st century tax policy that incentivizes activity and investment.
10 Tips to Survive Today's College Campus, or: Everything You Need to Know About College Microaggressions | Larry Elder