Sharon Hansen on Corporations

Lower corporate tax rates prevent companies going overseas

Republican Jim Oberweis has accused Sen. Durbin of "bullying" the corporations that consider moving their headquarters overseas for tax purposes. He chides Durbin for not preventing the exodus with a rewrite of the tax code. Oberweis believes lower taxes and fewer federal regulations would help improve workers' fortunes.

Libertarian Sharon Hansen said the IRS should be abolished and current tax provisions replaced with a flat sales tax, though she did not specify the rate. Hansen is aligned more closely with Oberweis on inversions, saying: "We need to lower their taxes so they don't want to go someplace else."