By Peter Ferrara, The Observer -
While Donald Trump’s and congressional Republicans’ unified tax reform plan involves some backtracking from original proposals, it is still just what is needed: a large, even historic, pro-growth tax rate cut based on the same model as the enormously successful Kennedy and Reagan tax cuts. The plan aims to reduce America’s hopelessly outdated corporate tax rates. It proposes to cut the federal corporate rate to 20 percent, leaving the total rate at close to 25 percent, counting state taxes.
