Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero.
Andrew Ross SorkinRelated topics
corporate country fight likely lower nice practice race sad sure tax tough whatever willing zeroRelated quotes
Warren Buffett, one of the richest guys in the world, openly admits that his effective tax rate is lower than his secretary's. It's time to tell the billionaire class that if they want to enjoy the benefits of America, they have to accept their responsibilities, and they have to start paying their fair share of taxes.
Bernie Sanders
President Obama is also standing up for women in North Carolina and across our country. He has helped women fight for equal pay for equal work; he has fought to guarantee that women have access to quality, affordable health care, including making sure that insurance plans cover birth control with no out-of-pocket cost.
Bev Perdue
Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.
Andrew Lloyd Webber
I consider part of lower Manhattan to be hallowed ground. Nearly 3,000 people lost their lives in the World Trade Center towers... and for that reason alone, our nation should make absolutely sure that what gets built on 'Ground Zero' is an inspiring tribute to all who loved the Twin Towers, worked in them, and died there.
David Shuster
