As we announced last week, Tax Foundation Senior Fellow Bob Carroll, Ph.D., has authored a new Special Report, “The Importance of Tax Deferral and A Lower Corporate Tax Rate,” which argues that the Obama administration’s plan to curtail tax deferral for income earned abroad by American businesses would harm U.S. competitiveness in low-tax countries. Bob joins us for this week’s Tax Policy Podcast to discuss the difference between worldwide and territorial corporate tax systems and the need for the United States to lower its federal corporate tax rate to be competitive with other industrialized countries. Listen to the full podcast here, or check out all of the Tax Foundation’s Tax Policy Podcasts.
