Top strategy for stimulating the economy is to cut the tax rate for businesses, says AT&T chief Randall Stephenson, who joined Business Roundtable president John Engler at a recent Monitor Breakfast. An invigorated economy would help narrow the rich-poor gap, he adds.
AT&T's Randall Stephenson, chairman of the Business Roundtable, said US economic growth has been 'substandard,' and could be much higher. He called for tax reform and immigration reform to help drive investment.
With no plan to get US debt under control, Congress and President Obama are lagging in the business community's view, says Business Roundtable President John Engler.
A group of CEOs is launching a two-week lobbying and media blitz on corporate taxes, keyed to the fact that on April 1, Japan will officially lower its corporate tax rate.
For Republicans, the EPA ranks up there with the IRS as one of the most-reviled agencies in Washington, calling it a 'jobs killer.' The record of the Obama EPA, though, is more nuanced.