The Tax Foundation

October 13, 2008

Glenn Hubbard on Corporate Tax Reform and America's Competitiveness

In the midst of an economic and financial crisis that is gripping America and the rest of the world, corporate taxes and America's economic competitiveness in a global marketplace seem to be a low priority in lawmakers' minds. Yet, America's corporate tax system has become increasingly out of line compared to our counterparts in the industrialized world. In this edition of the Tax Policy Podcast, Tax Foundation President Scott Hodge interviews Glenn Hubbard, currently Dean of the Columbia University Graduate School of Business and former chair of the Council of Economic Advisers under President Bush from 2001 to 2003. They discuss America's comparatively high corporate tax rate, its potential effects on wages and investment, and what the next Congress and President can do to reform our corporate tax system.

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