I’m entirely in favor of cutting US corporate tax rates

This story shows why. It explains how Israel is going to look at changing its corporate tax laws because now investing in the US and moving into the US is more attractive so they need to compete harder. I’ve long been in favor of lower corporate tax rates. Reasons: a) even though most big companies don’t pay the top rates, they engage in non-economic manipulations to lower taxes, b) high rates directly encourage companies to keep money overseas rather than bring it into the US, c) high rates indirectly encourage companies to invest overseas, simply because they have money there and they can either pay taxes on it or invest it there, and d) we encourage companies to invest overseas and to engage in non-economic manipulation to lower taxes, meaning other countries compete for investment by offering tax incentives. The Republican Party sees the Democratic Party as either not understanding how business works or, worse, that they actively want US companies to invest overseas rather than here and create jobs overseas rather than here.