My own experience, though, as a business executive and as a governor, tells me that businesses are interested in a lot more than a low tax rate when they decide where to locate.

Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.

The United States already has the highest corporate tax rate in the world.

It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.

North Carolina needs to revamp the tax code completely. We have some of the highest tax rates, like the corporate tax rate, in the country.

High tax rates distort economic decision making, and our corporate income tax rate is one of the highest in the world.