Reason Will Return If Corporate Rate Drops to 20

Like Franz Anton Mesmer and Dragon Fruit Mad Dog 20/20, our tax code encourages bizarre behavior. Apple, an American company, holds 97 percent of its cash in countries not named the United States of America. Employers hire accountants and lawyers, and not workers, to ensure profits. Corporations insist that they operate as something other than corporations. Sure, limited liability companies (LLCs) differ from traditional companies in that members, not shareholders, organize — but do not incorporate — under operating agreements and not bylaws. Alas, the differences get lost on all but the tax man. Businesses did not come up with