Here’s an area where it really would be good to look like Europe, or at least the UK part of it.

UK Treasury chief George Osborne unveiled a major shake-up of corporate taxes in Britain on Wednesday, saying he intends to lower the main rate companies pay to less than half the rate levied on firms in the US.

Of course, such tax rate competition is hard to do in the EU, what with the European Commission’s utter dislike for it.

It may be that the British really will need to leave the European Union, if they want to compete in the global economy.