Vote!
Would Obama's corporate tax cut speed the recovery?
On Wednesday, President Obama proposed cutting the U.S. corporate tax rate from 35 percent to 28 percent. But the administration insists that this wouldn't deplete federal coffers. Instead, the plan would actually generate more revenue for the federal government, because Obama wants to eliminate loopholes and subsidies that allow many corporations to pay a lot less than 35 percent, and in some cases, zero. Obama is also proposing a minimum tax on foreign earnings. Is this sensible, overdue reform, or a recovery-killing tax hike in disguise?The proposal would doom the recovery:...
Published By: The Week - Latest - Wednesday, 22 February
- New Yesterday
- Vote! TEXT-S&P affirms AMC Networks 'BB-' corporate credit rating
Reuters Business (Yesterday) - Overview -- Cable network company AMC Networks has paid down $150 million of bank debt...
- Vote! TEXT-S&P raises Radio One term loan rating to 'B+'
- Vote! Obama, Private Equity and Change
Real Clear Politics (Yesterday) - David Brooks, New York TimesForty years ago, corporate America was bloated, sluggish and losing ground...
- Vote! High-speed rail still a dream in U.S.
UPI Business (Yesterday) - By MARA GRBENICK, MEDILL NEWS SERVICEWritten for UPIWASHINGTON, May 22 (UPI) -- The emotion of...
- New in Last 2 Days
- Vote! New Obama ad challenges Mitt Romney's economics
AP US News (2 days ago) - WASHINGTON (AP) -- President Barack Obama's re-election campaign is keeping up its effort to paint...
