Tax reform, not reckless government spending, is the way to revive the ailing U.S. economy. American entrepreneurs and businesses carry heavy taxes on their backs as they compete in the global marketplace, from India to China and Canada to Russia. Other nations followed the U.S. example in 1986 by cutting tax rates on businesses so they could take risks and create jobs. But America’s top corporate tax rate, 40 percent, is now the highest among all but one of our 30 largest trading partners – a sluggish Japan. It’s not …
