Thursday, February 23, 2012

"Obama’s Cut to the Corporate Tax Rate Is a Crafty Political Ploy"

Naomi Prins (The Daily Beast):
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...

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