On March 12, my phone rang and a pleasant sounding guy said he wanted my opinion on behalf of Newt Gingrich and some group that I think had the word America or Americans in it and would I listen to a brief message from the Speaker. I said sure and then heard a pre-recorded message from Newt suggesting that we should lower our corporate tax rate to that of Ireland and we should eliminate capital gains as they did in China.
The fellow came back on and asked what I thought. “What is Ireland’s corporate tax rate?” I asked. He said he didn’t know. “Why would we want to emulate China?” I asked. He quickly terminated our call.
I thought those were two pretty good questions but I guess they weren’t.