President Obama just announced at a press conference that he has directed Treasury Secretary Jack Lew to demand the resignation of the Acting IRS Commissioner, Steven Miller. CNN then obtained Miller's resignation letter...
- Video: Hodge on Corporate Tax Rates (CNBC)
Video: Hodge on Corporate Tax Rates (CNBC)
President Scott Hodge discusses how the United State's corporate tax rate is high relative to the rest of the world, making the US less competitive in a global economy. The US is one of only two nations in the OECD to have not cut corporate tax rates in the past 12 years. The interview originally aired July 24, 2007 on CNBC's "Street Signs."