Middle-income wage earners have essentially had no pay increases since 2000.

Many liberals argue that big U.S. companies don't really pay the top corporate rate. While this is sometimes true, it's mainly because, during recessions, companies lose money, and get a tax loss carryforward that temporarily reduces their effective rate. But during economic expansions, when profits rise, companies then do pay the top rate.

President Obama always gives lip service to lowering the corporate tax rate, but he never specifies a particular rate or an overall plan.

Lawrence Kudlow Quotes