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“Our top priority has to be jobs and growth . . . providing more Americans the chance to learn the skills that businesses are looking for right now; keeping this country at the forefront of research, technology and clean energy.” That’s how President Obama opened his first post-election news conference, before spending the majority of time talking about anything but job creation. Ok, in the President’s [...]
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Critics of a competitive market-based or territorial tax system are latching onto a study out today by NerdWallet -- a personal finance website that features recommendations on things like credit card rates and gas prices -- as the latest “evidence” that corporate tax reform really isn’t necessary. The study claims that ten of America’s top economic champions -- including Apple, IBM, and Microsoft [...]
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Add Florida Democratic Senator Bill Nelson to the growing list of lawmakers who recognize that America’s corporate tax system isn’t helping to create American jobs. In a speech Wednesday night, Senator Nelson laid out his thinking: “Our corporate tax is too high and too complex, and it stifles competition. In fact, the United States has the highest statutory corporate income tax rate in the developed [...]