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Why the Corporate Tax Won’t Go AwayObsolete, Unwanted, and Still Here

Okay, maybe the last chapter convinced you. It is crystal clear that the corporate tax is a disaster for our national competitiveness. What are we waiting for? Let’s get rid of this rotten tax right away.

Well, besides the fact the government really needs the tax’s $400 or so billion of revenue, and besides the fact that public is not as well educated as you in economics, there are a few details to deal with first. They may seem like mere technicalities, but these seemingly insignificant details could explode into big problems if not handled carefully. So, even if we want ...

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