Article: Is the corporate tax system "broken"?

 
TABLE OF CONTENTS 
 
I.INTRODUCTION 341 
 
II.   DECLINE OF THE CORPORATE TAX 343 
  A. Long-Term Decline 343 
  B. Role of Corporate Tax 344 
  C. Economic Distortions  345 
 
III.  2003 TAX CUTS: THE FIFTEEN PERCENT SOLUTION  347 
  A. Integration Proposal  347 
  B. Fifteen Percent Solution  349 
  C. Unstable Compromise   350 
 
IV.   OUTLOOK FOR THE FUTURE   353 
  A. Rangel Proposal   354 
...

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