Backgrounder posted April 30, 2009 by Douglas Holtz-Eakin, Gordon Gray
Global Competitiveness and the Corporation Income Tax
Taxes serve no necessity other than to finance government
activities. Regrettably, policymakers often make the mistake of
viewing taxes as only funds available for allocation among
competing programs. In doing so, they ignore the dramatic effects
of incentives created by taxes and the important influences of…