The U.S. corporate income tax system is awful and needs to be reformed, but it does not subsidize foreign imports or justify a border-adjusted tax.
These two changes would transfer workers’ share of the corporate tax onto American investors, who are so far the disproportionate beneficiaries of globalization.
Instead, do something: Make America’s tax rates and business climate competitive again.
Progressives’ anti-market populism refuses to recognize that we live in a global economy.
Corporate tax inversions are a lame bogeyman. The real problem is stupid U.S. tax policy that creates incentives to move capital overseas.
- Here’s Why Nunes’ Obama Spying Revelations Are Such A Big DealHouse Intel Chief Devin Nunes revealed Obama's intelligcontinue reading >
- An Undocumented Man Allegedly Raped A 14-Year-Old, Now Democrats Want To Protect Him From DeportationLast week, an undocumented man was arrested for allegedcontinue reading >
- Pelosi Stumped When Asked Who Leader Of Democratic Party Is, Picks Obama And ClintonAs for the three cycles of electoral shellacking that gcontinue reading >