taxation

The National Association of Manufacturers has a plan to jump-start the economy. It believes corporations pay way too much (about 39.1% on a statutory basis from state and federal sources) to Uncle Sam. That's the second-highest in the industrialized world.

A careful observer of the history of taxation might remind Coca-Cola Co. (KO) chairman and CEO Muhtar Kent that taxes have been used for centuries to create incentives for desired behavior. At a Rotary Club meeting in Atlanta on Monday, Kent employed the alarmist rhetoric reminiscent of Whole Foods...