There is bipartisan agreement that the current corporate income tax regime needs to be changed, but substantial debate exists over what the optimal corporate tax policy would look like. Last October, House Ways and Means chairman Charles Rangel (D-N.Y.) proposed a 4.5 percentage point decrease in the corporate income tax...

The United States could lower its corporate tax rate without losing any revenue.

The Obama administration and the 112th Congress should lower effective corporate tax rates so the United States can compete in the global economy.

Intense debate continues over the appropriate level of marginal income tax rates, particularly as policymakers consider whether to extend part or all of the 2001 and 2003 tax cuts, which are currently scheduled to expire at the end of 2012.

Rather than colluding to maintain the corporate income tax, countries should switch to better-designed revenue sources.