Yes, We Can Have The 20 Percent Corporate Tax Rate — Next Month!
Former Lieutenant Governor Betsy McCaughey (R – New York) has discovered the formula for delivering a 20 percent corporate-tax rate in 2018 — as the U.S. House wishes — not 2019, as the Senate voted, thus flirting with GOP political suicide. McCaughey, a senior fellow with the London Center for Policy Research (as am I), offered a delightfully simple plan in Wednesday’s New York Post: “This beautiful committee,” as President Trump dubbed the House-Senate conference, should accept the House’s January 1, 2018 date for the corporate tax to plunge from today’s 35 percent rate to a new, paradigm-shifting 20 percent. And how would conferees “pay for” such history-making tax relief for American… Keep Reading