The Obama administration outlined a plan on Wednesday to reduce the corporate tax rate to 28 percent. It would also close many loopholes and impose a minimum tax on businesses. The proposal has little chance on Capitol Hill, but it's a starting point for a political debate this election season.
While President Obama would have spoken at the groundbreaking for the new National Museum of African American History and Culture no matter when it happened, his appearance Wednesday highlighted a shift in his outreach to African-American voters.
Former Louisiana Gov. Buddy Roemer seems to have hit on how to get noticed in his bid for the Republican presidential nomination: drop out of the race. Or, more specifically, redouble his efforts by switching to the nascent "Americans Elect" movement while seeking the Reform Party nomination.
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