He just feels they have no business being in business. The New York Times reports that President Obama is reviving an old proposal to lower the corporate tax rate from 35 percent to 28 percent (and 25 percent for manufacturers). Obama’s push to lower the corporate tax rate to 28 percent comes less than a year after he raised the top individual income tax rate, paid by many small businesses,
corporatism
August 28, 2012
ObamaCare’s ‘Cheesecake Factory’ solution [Darleen Click]
Certainly, delivering medical care is just like serving up another plate of Crispy Chicken Costoletta. No one did more to sell the Affordable Care Act than Peter Orszag, the former White House budget director who claimed during 2009-2010 that as much as a third of health spending is “waste” that doesn’t improve outcomes. But now that he’s repaired to Wall Street and writes an online column, he’s deriding the idea