Los Angeles Times

Rip up corporate taxes and start again

You can't escape talk of tax reform. It remains the one demand that keeps the business community firmly engaged with President Donald Trump. And in a crowded legislative calendar, it's the one must-pass item that would constitute a really new policy initiative.

But we can't afford the tax reform many of us want, and many of us don't accept the importance of the tax reform we need.

The "reform" we can't afford is across-the-board tax cuts. The federal government is running unacceptably large deficits,

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