If you have a choice of employing your capital in a place where you can pay a 20 percent tax rate, or a place where the combined federal and state rate is easily 40 percent, where would you want to earn your profits?
Patrick J. Tiberi: “If you have a choice of employing your capital in a place where you can pay a 20 percent tax rate, or a place where the…”
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Tiberi discusses the impact of tax rates on business investment decisions.
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