<p>Brookings Report Proposes Corporate Tax Reform</p>

Brookings Report Proposes Corporate Tax Reform

Brookings Institution

Raising the corporate tax rate to 28 percent, requiring passthroughs to file as C corporations, cutting extenders, and expanding investment tax incentives would increase long-term gross domestic product by 5.8 percent while raising $1.1 trillion over 10 years, Jason Furman said in a report released by the Brookings Institution on January 28.

<p>Raising the corporate tax rate to 28 percent, requiring passthroughs to file as C corporations, cutting extenders, and expanding investment tax incentives would increase long-term gross domestic product by 5.8 percent while raising $1.1 trillion over 10 years, Jason Furman said in a report released by the Brookings Institution on January 28.</p>