Sunday, June 01, 2008

Economic View - The Problem With the Corporate Tax - NYTimes.com

I about had a heart attack!!  Is this article truly appearing in the NY Times???  That liberal bastion and hater of all things American??  All I can say is "Wow!"

Economic View - The Problem With the Corporate Tax - NYTimes.com

Lost in this hubbub, however, is a bigger idea that Mr. McCain and his economic team have put forward: a cut in the corporate tax rate, to 25 percent from 35 percent. It is perhaps the best simple recipe for promoting long-run growth in American living standards.

Cutting corporate taxes is not the kind of idea that normally pops up in presidential campaigns. After all, voters aren’t corporations. Why promise goodies for those who can’t put you in office?

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