Apple Shows It's Time to Abolish Corporate Taxes

There's no evidence corporate taxes do any good. 

Tim Cook, the chief executive of Apple Inc., came to the U.S. Senate on May 21 to advocate an overhaul of the nation's corporate tax code. Tax profits at 20 percent, Cook said, and offer no loopholes, no deductions, no complexities.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.