Planet Money Notify me• Oct 26, 2012• 0:33

Planet Money's Fake Presidential Candidate

From Planet Money

Executive Summary

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Keep pulling the thread on United States.

5 quotes

The potential for a significant increase in the national deficit due to the elimination of corporate tax revenue is not addressed.
There is no guarantee that companies would use tax savings for domestic job creation rather than stock buybacks or executive compensation.
Potential negative public health and social consequences of marijuana legalization are ignored in the purely economic framing.

Significant reduction in government expenditure on law enforcement and the judicial system related to marijuana offenses.
Potential for substantial new tax revenue from a legalized and regulated cannabis market.
Increased competitiveness for the U.S. in attracting and retaining corporate headquarters, potentially leading to domestic investment.

A proposed 'bold jobs plan' includes the complete elimination of the corporate income tax in the United States.

A proposal to legalize marijuana is projected to save billions of dollars in law enforcement and prosecution costs.

A proposal to legalize marijuana is projected to increase the government's tax base.

The elimination of the corporate income tax is predicted to cause American companies to increase their reinvestment.

The elimination of the corporate income tax is predicted to lead to the creation of more jobs in the United States.

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