Megan McCardle on eliminating the corporate income tax. She lists the reasons to do so, and I couldn't agree more. It seems to me one major way to grow the economy and create jobs while giving companies an incentive to stay in the United States would be cutting or eliminating the corporate tax. The idea that the current Administration is open to the idea can only be seen as a good thing. It will be interesting to see if parties in Congress are as open to the idea.
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