Pelosi Says: Let's Even The Tax Playing Field

Is Nancy Pelosi serious about tax reform?

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Via Pethokoukis, I see that Nancy Pelosi is rallying behind the VAT as a way to even the competitive playing field with foreign manufacturers, especially European ones.

But regardless of what we do with the VAT, U.S. manufacturers will still be at a tax disadvantage. That's because U.S. corporate taxes are higher than literally every single highly-developed country in Europe.

I look forward to the day the Speaker will start railing against the unfairness of U.S. corporate taxes!