Economy: Economic News, Policy & Analysis - The Washington Post: Everyone wants to lower corporate tax rates. Here’s how you do it.

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Everyone wants to lower corporate tax rates. Here's how you do it. Sep 26th 2012, 12:43 Everyone wants to cut the corporate income tax rate. That's one of the few areas of real common ground in American tax policy. Obama wants a flat rate of 28 percent, down from the current 35 percent top rate. Romney wants to push it even lower, to 25 percent, as does House Ways and Means chair David Camp. All three major bipartisan tax reform plans — Bowles-Simpson, Domenici-Rivlin and Wyden-Coats — include a corporate rate cut, to 28 percent, 27 percent, and 24 percent respectively. And all of these plans would pay for the cuts by closing loopholes. Read full article >>

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