Excerpt
Excerpt
Corporate-Tax Reform Without Tears. Robert Pozen, March 31, 2013, Opinion. "Economists have long recognized the damaging effects of the high U.S. corporate tax—at 35%, the rate is the highest in the industrialized world. Over the past few years, politicians in both parties have come to understand that the corporate tax system itself is dysfunctional, causing resources to be misallocated and encouraging corporations to invest overseas..." May require purchase or user account. verified March 28, 2014