Great article on how lowering the corporate tax rate will benefit all levels of revenue generation, personal as well as corporate, which means a more prosperous and rising future for everyone. If history is any indication of how this works, and it is riff with examples, then we would be well advised to make it happen.
But as history also shows, especially recent history, prosperity is not to be tolerated as the current administration believes to accomplish it's ultimate goal of fundamental change in American, a society that is found on the principal of "according to ones abilities and according to one's needs", must never allow personal freedom, and therefore prosperity, to flourish.
The Economic Burden of Corporate Taxation
Tuesday, November 24, 2015 by David G. Tuerck and James P. Angelini
Reducing the U.S. corporate income tax would draw financial capital into the United States, while increasing wages and production, according to a new report by Beacon Hill Executive Director and National Center for Policy Analysis Senior Fellow David Tuerck and Beacon Hill Institute's James Angelini. The current corporate tax rate raises the cost of capital, diminishes investment, and reduces economic outputs and living standards -- all while failing to bring in a significant source of revenue for the U.S. government.
http://www.ncpa.org/pub/the-economic-burden-of-corporate-taxation
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