Six Policies Economists Love and Politicians Hate

[Lemur]

Any government that has projected spendings on the country (e.g. All governments) would never do away with Corporate Income Tax

Actually, here in the U.S.A., corporate income tax only accounts for about eight percent of total tax revenue. So eliminating it would make a hole, but not a bottomless hole.

There's no doubt that the U.S. tax code is due for a radical overhaul and simplification. Unfortunately, I do not see the Republicans in the House, the Dems in the Senate, or President 44 arriving at anything sensible anytime soon.