Washington Times: 2020 Democratic Candidates Put Trump’s Corporate Tax Rate Cut in Crosshairs

Steve Wamhoff, director of federal tax policy at the Institute on Taxation and Economic Policy, agreed that the rate alone isn’t enough.

“If we raise the corporate income tax rate but we leave in place some of the rules right now that seem to be encouraging American corporations to have more tangible assets offshore, more actual equipment and factories and operations offshore, then how have we solved the problem, right?” Mr. Wamhoff said. “I think it’s a lot more complicated than sort of choosing a rate.” Read more

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