The bottom line is that we don’t need a revenue-neutral corporate tax plan; citizens are bearing the brunt of our tax receipts as it is. We need one that’s “revenue-positive.” Such a plan would entail both closing loopholes and keeping the statutory tax rate where it is—but that’s not the kind of policy that brings in the big campaign bucks. MORE...
Thursday, February 23, 2012
"Obama’s Cut to the Corporate Tax Rate Is a Crafty Political Ploy"
Naomi Prins (The Daily Beast):