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Lowering the corporate tax rate is fine, as long as the code itself is cleaned up at the same time. Right now, it has more holes than swiss cheese; every corporation of any size has some rococo fillip written in by it's pet congresscritter. A simpler tax structure all around would help our economy significantly, in that we could spend more time and effort figuring out how to make things people want, and less how to avoid giving most of the profit to the tax man.
Our 67,000 page tax code is larded with benefits for special interests who paid for their tax breaks with campaign contributions - and those were the legal gifts. We need to divert the Mississippi River through Congress to wash out the manure. Or we pass the FairTax: http://www.fairtax.org/site/PageServer?pagename=obama_talkingpoints
At least one pol gets it --- create conditions for business and industry to expand and grow on their own. Why can't someone with Congressman Bachmann's ideas get elected President?
I am in agreement with a number of points. However, neither your "Economic Growth Act" nor anything you have written (perhaps you can point us in the right direction) suggests how *public infrastructure* gets developed, supported, and sustained.
And please don't repeat the mantra that "tax cuts" and the "free market" will take care of it automatically. Infrastructure does not appear magically through the invisible hand of markets and tax cuts. In short, say something more about your strategy for how our crumbling infrastructure gets developed.
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