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.
- Dartmouth Study Finds Democrats Are The Least Tolerant Students On CampusA new survey of students at Dartmouth College found thacontinue reading >
- ‘Rick And Morty’ Is Incredibly Depressing And Doesn’t Deserve Its PopularityThe television show proclaims the insignificance of allcontinue reading >
- Why Transgenderism Is Progressive TotemFeminism is nothing more than a war against nature, andcontinue reading >