Stop Demonizing Job Creators | Daniel J. Ikenson | Cato Institute: Commentary

Stop Demonizing Job Creators | Daniel J. Ikenson | Cato Institute: Commentary: " the highest corporate income tax rate among all of the world's industrialized countries and the unusual requirement that profits earned abroad by U.S. multinationals are subject to U.S. taxation upon repatriation. No other major economy does that. Who in their right minds would not expect those incentives to encourage moving production off shore and keeping profits there?"

"If Levin is concerned about diminishing federal tax collections from corporations (which, of course, reduces his power), the solution is to change the incentives — to change the convoluted artifice of backroom politics that is our present tax code."