Good morning! Here is today's news:
- Joseph N. DiStefano, The Philadelphia Inquirer — Coalition pushes to cut corporate tax rate:
... The Association of American Railroads backs a new business coalition that wants Congress to cut the top U.S. corporate income tax rate ... The railroads have joined AT&T, Boeing, FedEx, Lockheed Martin, UPS, Verizon, and Walt Disney in pushing for the change. Nike, Time Warner Cable, and the National Retail Federation (Sears and other stores) have also joined the tax-cut group, which calls itself RATE ("Reducing America's Taxes Equitably") ... Why now, when so many big American corporations report high and rising profits, and American individual taxpayers face falling wages and scarce jobs?