Taxation Without Justification

The people and government of the U.S. do not see the corporate income tax for what it is — an unequal and inefficient sales tax, enriching government, the least productive sector of the economy. Until Americans pass that course in elementary economics, the entrepreneurs who are the true creators of wealth and jobs, will never have the tax reform they need.

Thomas G. Donlan in Barrons writes it’s time to abolish our corporate income tax