[jolepp]

Worthy (IMHO) related links:

Oliver R. Goodenough: When Taxes Are Good for Us

Top Marginal Income, Corporate Tax Rates: 1916-2010 [CHART]

[Parallax]

Burn me today on a deal we made yesterday, and you can forget about making a new deal tomorrow.

Understood. My point was that we shouldn't be making any deals. The "deals" we make are always lopsided in the other guy's favor.
They are much like you and I having an agreement that I will maintain the canvas and decks of your sailboat if you'll promise to wash the windows on my submarine.

[jeffkrol]

how about just making it fair-er..............
Jane White: Mad About the Deficit? Blame Corporate Welfare (Slideshow)

Nobody in their right mind thinks we should run away from tackling runaway deficits. But the "inconvenient truth" is that excess spending isn't the cause. It's corporate tax dodges -- including routing income to low-rate countries such as Ireland. As a result, corporate revenues as a share of total U.S. revenues have fallen from 28% of it in the 1950s to 10% of it since the 1980s. The following slideshow has the cold, hard facts.

Jane White: Mad About the Deficit? Blame Corporate Welfare (Slideshow)

[Parallax]

We'll agree to disagree I think.
NAFTA, for example, would have been a lot better for you if you hadn't, concurrently, destroyed your manufacturing industry in favour of buying everything from China.

Right! It would have been if.......... It wasn't though. Instead, it drove more manufacturing out of the country. Great deal for Mexico, though.

[Parallax]

No, I am just saying that it is all contributory. I don't much about what, if anything, it did for Canada, but it sure helped Mexico. You may see it a bit differently as you don't share a border with a third-world country. (Well, not yet anyway.)