BY JOHN ENGLER
America's corporate tax rate is too high and needs to come down. Who says so? President Barack Obama and Gov. Mitt Romney—and America's jobs creators who believe lower rates are a necessity for economic growth. At last week's presidential debate, the two candidates agreed on the need to reduce the U.S. corporate tax rate, now the highest in the world and a full 14 percentage points above the average rate among major advanced economies.
What the candidates didn't agree on was whether there is a deduction in the U.S. tax code that encourages companies to move plants overseas. Mr. Obama ...
Most Recommended
“Elections do indeed have...;”
“Now that Obama has been elected,...;”
“Does that mean we get to quit...;”
“Of Jewish extraction myself, I...;”
“More like Race baiting and Class...;”