<p>Professor Suggests Broadening Tax Base, Not Lowering Rates</p>

Professor Suggests Broadening Tax Base, Not Lowering Rates

Harvard University

Raising the corporate tax rate to 28 percent, requiring large businesses to file as C corporations, ending extenders, and expanding the research credit would raise more revenue and stimulate more investment than the Tax Cuts and Jobs Act, Jason Furman of Harvard University said at a February 11 House Ways and Means Committee hearing.

<p>Raising the corporate tax rate to 28 percent, requiring large businesses to file as C corporations, ending extenders, and expanding the research credit would raise more revenue and stimulate more investment than the Tax Cuts and Jobs Act, Jason Furman of Harvard University said at a February 11 House Ways and Means Committee hearing.</p>