Nonsequitur: Obama’s Jobs Council Agrees with Mitt Romney

July 19, 2012

 points out that Romney’s tax reform plan is virtually the same as the Obama Jobs Council’s recommendations:

(Both) … recommend moving from a corporate tax system with a high rate and a narrow tax base to one with a broader base and a lower tax rate, … the US should shift to a territorial system of taxation in order to make America more competitive in global markets….  This would not only enhance economic efficiency but encourage more investment in the U.S. by foreign and domestic companies, boosting economic growth as well as employment.

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