Economic Realities

Abolish the Corporate Income Tax!

By Patrick J. Buchanan

From 1865 to 1914, America had 10 Republican presidents. All believed in financing government by taxing imports, not the incomes of U.S. citizens or the U.S. companies that employed them.

 

CEI Joins Push for Corporate Tax Reform

Posted: 31 May 2013 12:25 PM PDT

Today, the Competitive Enterprise Institute signed on to a letter with taxpayer groups and other public policy organizations that urges Congress to act on corporate tax reform.  High taxes on businesses hinder job creation, drive up costs and make America less competitive, said Iain Murray, vice president of strategy at CEI.  Today, the United States has the highest corporate tax rate in the developed world. This seems incongruous with rebuilding our economy……The letter can be viewed here.

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2. More than Half of $900 Billion Tax Break Benefits Going to Families Earning More than $450,000
3. NY Times: Obama's travels under a microscope in an era of belt-tightening
4. White House: Federal Contractor Executive Pay Higher Than Obama’s Salary Is Excessive