tax.com: Obama Calls for Revenue-Neutral Corporate Tax Reform

http://www.tax.com/taxcom/features.nsf/Articles/8DE7278DAEBE57...

 

 

Corporate Tax Reform

Obama cautioned that the corporate tax rate was damaging the country's ability to compete globally.
"Over the years, a parade of lobbyists has rigged the tax code to benefit particular companies and industries," Obama said. "Those with accountants or lawyers to work the system can end up paying no taxes at all. But all the rest are hit with one of the highest corporate tax rates in the world. It makes no sense, and it has to change."