[unable to retrieve full-text content]ContributorNetwork - The New York Times reports President Barack Obama seeks to reduce the highest corporate tax rate in the United States from 35 percent to 28 percent. He also wants to close loopholes that large companies use to earn more tax benefits. The move is seen as a political ploy since GOP presidential candidate Mitt Romney released his new version of a tax plan on the same day, according to the Washington Post.
Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http%3A//news.yahoo.com/s/ac/20120223/pl_ac/11001062_american_corporate_income_tax_history
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