Senior Research Fellow at the Mercatus Center of George Mason University
Pro to the question "Does Lowering the Federal Corporate Income Tax Rate Create Jobs?"
"To expand their economies and increase employment, most developed countries are restructuring their corporate tax systems and reducing their corporate tax rates. To date, the United States has taken an opposite approach that has yielded one of the most complex and un-competitive corporate tax structures in the industrialized world. Its effects are troublesome: outsourced economic activity; lost domestic investment, growth, and jobs; and an eroded corporate tax base...
Estimates of US jobs lost due to the current corporate income tax range from 200,000 to 3 million, but the consensus is that many companies terminate employees because the current corporate tax structure cuts so extensively into their profits that the companies move abroad. During the 2000s, major multinational corporations reduced U.S. jobs by 2.9 million while increasing overseas employment by 2.4 million."
"Fundamental Tax Reform: Fixing the Corporate Tax Code," mercatus.org (accessed June 21, 2013)
Experts Individuals with PhDs, MBAs, and other post-graduate degrees in economic or finance-related fields, heads of government, members of federal legislative bodies, and individuals with graduate degrees and significant post-graduate involvement in fields relevant to the study of economics. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Adjunct Professor, Paul H. Nitze School of Advanced International Studies, Johns Hopkins University, 2011-present
Senior Research Fellow, Mercatus Center at George Mason University, Sep. 2010-present
Adjunct Professor, Center for Public Administration and Policy, Virginia Tech University, 2008-present
Adjunct Professor, Georgetown Public Policy Institute, Georgetown University, 2006-present
Deputy Commissioner for Social Security (Acting), Chief Economist, and Associate Commissioner for Retirement Policy, US Social Security Administration, Aug. 2007-Sep. 2010
Senior Economist, Joint Economic Committee, US Congress, 1999-2007
Senior Consultant, Economic Analysis Group, Office of Federal Tax Services, Arthur Andersen LLP, 1998-1999
Economist, Compliance Research Division, Projections and Forecasting Group, Internal Revenue Service, US Department of Treasury, 1995-1998
Research Assistant, Independent Sector, 1993-1994
PhD, Public Administration and Policy, Virginia Tech University, 2005