Friday, April 06, 2012

Ask Heritage: Who Has the Highest Taxes in the World?

Ask Heritage

Who Has the Highest Taxes in the World?

There aren't many American-owned companies more iconic than Anheuser-Busch, the famous producer of Budweiser beer based in St. Louis, Missouri. That was true up until 2008, when the Brazilian-Belgian company InBev executed a hostile takeover of the historic brewer, leading to layoffs of more than 1,800 workers. Unfortunately, conditions in the United States are growing ripe for even more takeovers like these to occur, especially now that the nation's corporate tax rate is officially the highest in the world.

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