A level playing field for corporations

Dave Nicklaus has another excellent column in the St. Louis Post-Dispatch: Manufacturers deserve applause, but not special tax breaks:

Our corporate tax code is a big problem for American competitiveness, so it's good to see reform proposals coming from both political parties. The solution, though, is to reduce rates and make them fair to all companies, not just the ones that happen to be in a politically popular industry.

In stark contrast with the editorial board, which is willfully ignorant about how the economy works, Nicklaus and his fellow business reporters at the P-D are consistently thoughtful and sensible.