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GOP's corporate tax reform plan deserves serious consideration

by Steve Pearlstein | Mar 21, 2017   ()

If President Donald Trump was surprised by how complicated health care could be, he'll be in for a real shock when he gets around to business tax reform.

Everyone agrees that the way the United States taxes business profits needs an overhaul. The current tax regime encourages companies to move operations, assets and even corporate citizenship overseas, while raising less and less money every year as companies come up with ever more ingenious and ethically questionable ways to avoid it. For most big companies, the official 35 percent corporate tax rate is irrelevant.

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Source: Chicago Tribune
Source: Chicago Tribune

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