Tax reform, part 4: Corporate tax reform

Source: Independent Institute
by Randall Holcombe

“The United States has one of the highest corporate income tax rates in the world. While both the Obama administration and Trump administration have criticized American companies for moving operations off-shore, and considered a variety of policies for punishing them if they do. A better approach would be to design policies that make it attractive for all corporations to locate their operations in the United States. One way to do that would be to lower the corporate tax rate.” (08/17/17)