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Non-Tech : Kirk's Market Thoughts
COHR 179.98-9.3%3:09 PM EST

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Jerome
From: Gottfried5/3/2014 12:01:02 AM
1 Recommendation  Read Replies (1) of 26764
 
End Corporate Taxation
MAY 2, 2014
nytimes.com

excerpt
eliminating corporate taxes would lead to a jump in business earnings and, consequently, stock prices. That would encourage similar actions by other countries. Otherwise, their companies might move here to enjoy a zero corporate tax rate.

Higher stock prices would also help pension funds, foundations and other tax-exempt institutions focused on social betterment.

While eliminating corporate taxation would be branded a giveaway, properly engineered reforms would provide a huge uplift to ordinary Americans.

my comment:
read the article to see how the writer proposes to replace the lost tax revenue. You may not like it
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