Monsanto: The Latest to Flee from the Harmful U.S. Corporate Tax Rate
Economy / Fiscal policy / Taxes

Monsanto: The Latest to Flee from the Harmful U.S. Corporate Tax Rate

There is no question that Monsanto has a controversial reputation.  It is the country’s leading producer of genetically modified seeds, and consequently the largest target for anti-GMO activists.  Now, critics are balking at Monsanto for entirely unrelated reasons: the Missouri-based firm recently announced its plan to buyout a Swiss chemical manufacturer and make the joint … Continue reading

Politics / Tax

Corporate tax “framework” misses the mark

The President announced his support today for corporate tax reform that reduces the rate to 28 percent by eliminating expenditures in the tax code, deductions, credits and the like. Ostensibly this reduction is a show of goodwill and a step forward. Yet under closer scrutiny, the President’s proposal hypocritically reinforces existing tax expenditures and fails … Continue reading