Financial winners in WWI were taxed on their 'excess profits' to help pay for the costs of the war on other parts of the economy.
Congress changed the tax system to benefit companies with overseas operations but failed to help Americans actually living abroad, who still face punitive taxation.
Unlike other age groups, 16- to 24-year-olds haven't recovered the job losses they suffered during the Great Recession. Spurring investment and growth are key to getting them back to work.
The House just passed its version of the tax plan, which includes about US$1 trillion in cuts for corporations. The question, who will be left holding the potato?
The Republican tax plan would ultimately make the current system less progressive while reducing the overall burden, two things research shows make countries less happy.
Research doesn't back up calls for more corporate tax cuts. But there are areas for the government to move to spur foreign investment.