Corporate Taxes Economy

February 23, 2012 - 7:45 AM
FILE - In this Feb. 11, 2010 file photo, Council of Economic Advisers Chair Christina Romer briefs reporters at the White House in Washington. Economists note that Obama's plan would upturn the very playing field the administration says it wants to level. It would give manufacturers preferential treatment: Tax breaks would effectively cap their rate at 25 percent. Romer argued that there was no economic justification for the government to favor manufacturers over service-oriented companies. (AP Photo/Charles Dharapak, File)