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Don’t lower corporate taxes. Abolish them

  Lowering the corporate tax rate appears to be all the rage. Donald Trump has promised a cut to 15 percent from 35 percent in the U.S., and British Prime Minister Theresa May has pledged to make the U.K.’s corporate tax the lowest in the G-20, which would mean taking it lower than Trump intends to. On the surface, it ...

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Facebook’s latest foray into China just may work

  Facebook’s Mark Zuckerberg is willing to try just about anything to get his company back into China. Publicly, he launched a charm offensive that included learning Mandarin and offering Chinese President Xi Jinping the chance to name his first child (he declined). Less publicly, but no less important, the New York Times reports that his company has developed tools ...

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France’s Republicans must decide who can stop Le Pen

  On Sunday, France’s Republican Party will choose its candidate for the presidential election next spring. Opinion polls say that the Republicans are so far ahead that the party, in effect, is about to name the next president — either Alain Juppe or Francois Fillon, former prime ministers offering not-too-dissimilar conservative programs. The polls, for once, had better be right. ...

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