re: #389 funky chicken

So responsible companies like Honda would benefit from a 15% corporate tax rate, and larger scofflaws like GE would pay more. Win/win, right Claire?

It probably would be a win/win Funcky Chicken, because you are actually arguing for a lower corporate tax rate of 15%. The 35% current rate is very high relative to other countries, but a lot of corps don’t end up paying that actual rate because they offshore so much income to avoid that rate. So if a flat 15% were instituted, I would guess much more manufacturing would be repatriated back to the US, or there’d be less incentive to offshore it in the first place. Win/win!