Saturday, November 21, 2015

Tax Cut Harrassment From the Evil Elizabeth Warren

From a WSJ editorial:
Sen. Elizabeth Warren (D., Mass.) must be getting nervous about the chances of tax reform for U.S. businesses. On Wednesday she fired a shot across the bow of any Democrat tempted to consider lowering the highest corporate income-tax rate in the industrialized world...

Ms. Warren showed up at the National Press Club to pronounce that the idea that American companies are overtaxed is “not true.” In her prepared remarks she said the strategy of “giant corporations” is to “tell a story about high U.S. taxes, demand tax cuts from the U.S. Congress, and threaten to leave the U.S. for good if they don’t get what they want. I say it’s time to call their bluff.”

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