Instead of making a "deal" on deferment and letting the corporations just keep this money they owe us, let's fix this loophole and give most of this tax money to the 242 million adult U.S. residents. What's left over (and there might be a lot -- as much as $215 billion) can be used to fix our infrastructure and other priorities.
Corporations are complaining that this (lowered) rate makes them "uncompetitive" and are demanding "corporate tax reform." Because job creators -- or something. This time they threaten to -- or do -- renounce their U.S. citizenship. But are corporate tax rates really "uncompetitive"? And what does that even mean?