Obama’s Crony Capitalist Trap Door
The U.S. corporate tax rate is too high, and real reform can bring it down.
By Heritage Foundation Mike Brownfield—— Bio and Archives--February 23, 2012
American Politics, News | Comments | Back To Full Article
The Obama White House says it hates tax “loopholes,” and the American people abhor them with good reason. They’re the ultimate in unfairness, allowing those in the know to wiggle their way out of playing by the same rules that apply to the rest of us. That’s why, at first glance, the Obama Administration’s latest “framework” to cut the corporate tax rate while closing corporate tax loopholes might sound like a good twofer.
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