The Obama administration is today going to propose a cut in the corporate tax rate from 35 percent to 28 percent, according to multiple reports. NPR's Scott Horsley notes that the president also wants to scale back some deductions that businesses now get. So, the overall effect of any such changes could be "revenue neutral" and keep corporations' share of the nation's tax burden unchanged, Scott says.
Activists in the Syrian city of Homs say rockets struck the house where the two journalists were staying. Syrian troops have been shelling the city. French officials identify one journalist as photographer Remi Ochlik. The Sunday Times of London confirms the other was American reporter Marie Colvin.
Originally published on Wed February 22, 2012 7:03 am
Oh no. Not another debate among those guys who are running for the Republican presidential nomination. By at least one count, Wednesday night's Dustup in the Desert — sponsored by CNN and Arizona's Republican Party — is the 26th such face-off — if you count forums and head-to-head encounters.
"At least four people have been killed and 20 injured in Afghanistan after protests spread over the burning of copies of the Koran at a US airbase," the BBC writes. "One person was killed in Kabul, one in the eastern city of Jalalabad and two in Parwan province."