On The Glenn Show, Larry makes the case for abolishing the corporate income tax. He describes his economic model, and critiques the demand-side theories of Paul Krugman. So why should the corporate income tax be done away with? Glenn wonders whether there’s a better way to counteract the tax-rate “race to the bottom.” Larry’s argues that his plan would boost Americans’ incomes by 8%. Plus: Glenn and Larry debate whether technological change is hurting American workers.
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