What Is Pro-Business?

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The United States is in fourth place in the world for ease of doing business, as reported by the World Bank’s “Doing Business 2010” report. Pro-business, as a rule, is the economic policy of the country and has a very well-developed competitive financial regulatory system with the financial markets. Differential federal tax rates and high tax rates are also the major dampeners for business. After several major corporate accounting scandals, such as Enron, Peregrine Systems and WorldCom, in 2002 US federal law adopted the Sarbanes-Oxley Act. This act is a set of new or improved public accounting standards for all US public company
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