Like I said originally, I'm all for reducing or eliminating corporate taxes, but I think they should give up something in return. Whether it be electoral influence, or something else, they're still getting preferred treatment from the government. They already have lopsided influence, so getting even more wouldn't sit well with the public. There would have to be concessions.
On a side note, let's talk about unintended consequences. What would other countries do in retaliation for forcing them to cut their tax base to remain competitive? While they couldn't do much militarily, they could certainly do economic harm to us. We have a massive economy, but smaller economies could theoretically be devastated by this.
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On a side note, let's talk about unintended consequences. What would other countries do in retaliation for forcing them to cut their tax base to remain competitive? While they couldn't do much militarily, they could certainly do economic harm to us. We have a massive economy, but smaller economies could theoretically be devastated by this.