Mark Everson, former IRS Commissioner and Vice Chairman at alliantgroup, appeared on Bloomberg TV's Bottom Line on March 14th. Many topics were discussed including President Obama's newly outlined corporate tax overhaul that would lower rates.
"It's a good thing that the President has finally weighed in here -- history proves that you can't get tax reform without presidential leadership”, Mark said. He went on to explain that Obama has laid the framework, but it's an ongoing process.
When asked if domestic manufacturers should be exempt from the corporate tax, Mark replied with, "At alliantgroup we believe that certain things should continue to receive incentives. We need to simplify the code, need to make it fair and broaden the base, but we do need to make some intelligent choices here. I would tell you that incentivizing manufacturing and helping small and midsized businesses which, after all, employ two/thirds of all Americans. It's not just about the big guys."
To view the entire interview, click the video below.