This is the first in a series of videos that Cato’s Dan Mitchell is doing for the Center for Freedom and Prosperity. Dan makes a persuasive case for a lower corporate tax. It’s a little on the polemic side, but this is good stuff — just never mind that he pronounces “Celtic” the same as the NBA team’s nickname.
One problem I have with the corporate tax is that corporations don’t even pay it. Businesses pass on their costs, remember. Corporate taxes are a business cost; we consumers are the ones who actually pay the tax.
Watch the video for arguments more nuanced than mine, not to mention a boatload of empirical evidence.
A second video, on international tax competition, is online here.
Inertia Wins! 