Authors:

  • Robert Pozen

Excerpt

How to slash the US corporate tax rate. Robert Pozen, January 20, 2013, Opinion. "Both Republicans and Democrats agree that the 35 per cent corporate tax rate in the US is too high. Yet discussions over the corporate tax fizzled out during the recent fiscal cliff negotiations, partially because of the budgetary maths. Neither party has identified enough revenue increases to offset the $1.2tn cost over 10 years of lowering the corporate tax rate to a more reasonable 25 per cent..." Link verified March 28, 2014