Obama Wants To Cut Corporate Tax Rate To 28%

Submitted by William

President Obama would close tax loopholes and lower the corporate tax rate from 35% to 28%, with a lower effective tax rate for manufacturers.

In turn, corporations would have to give up dozens of loopholes and subsidies that they now enjoy. Corporations with overseas operations would also face a minimum tax on their foreign earnings.

By: William

retired military , former cop, lifelong gym rat and doting grandfather alive and living in Maine