Slashing corporate tax is perfectly rational

One cannot say, writes Dalrymple,

that the past few months in Western civilisation have provided a model of reasoned debate worthy of imitation. We have reached the stage—the nadir—at which, if Donald Trump were to issue a decree to the effect that two and two made four, his opponents would shriek that they didn’t, they made five.

Of course Trump, says Dalrymple, is not

exactly blameless. When it comes to argumentation, he is no Socrates.

However, Trump’s proposal to cut tax on corporate profits to 15% from 35% is, Dalrymple notes,

perfectly rational. 15% of a lot is more than 100% of nothing.

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