Ireland's Business Tax

In tonight's debate, John McCain asked why our business tax is so much higher than Ireland's. My answer? Defense spending. In fiscal year 2008, the United States spent $623 billion on Defense. Something around 36% of our budget. The estimated 2004 international spending outside the US? $500 Billion. In 2001, Ireland spent only $700 million in defense spending. We have higher taxes than the rest of the world because we spend more on "defense" than every other nation in the world.