By:
David Smick
05/31/11 10:59 PM
House Republicans have announced a “pro-growth” agenda that concentrates on corporations. The plan lowers the top corporate tax rate while eliminating loopholes as a means of helping reduce today’s horrendous joblessness. Sounds logical; big corporations such as General Electric pay no taxes while other less politically connected firms pay the full freight. The playing field, therefore, needs to be leveled. Plus, the U.S. corporate tax rate is uncompetitively high by international standards.
Read More