The Inconsistencies of the Obama Corporate Tax Plan

From The Manhattan Institute:

Budget & Taxation

The Inconsistencies of the Obama Corporate Tax Plan

by Josh Barro

Manhattan Institute

February 24, 2012

President Obama’s corporate tax reform plan has good ideas at its core and its problems can and should be fixed. Some of the ill-advised proposals, like expanded manufacturing deductions and tax credits for in-sourcing jobs, would cost revenue. Others, like new efforts to tax the foreign operations of United States firms, would raise it. As such, it may even be possible to eliminate the undesirable features of this corporate tax reform plan without significantly affecting the amount of revenue to be collected.

URL: www.manhattan-institute.org/pdf/ir_3.pdf