Obama: Top Tax Rate Should Be 28% for Corporations, 40% for Small Business

◼ The New York Times reports that President Obama is reviving an old proposal to lower the corporate tax rate from 35 percent to 28 percent (and 25 percent for manufacturers). - John McCormack/Weekly Standard

Obama's push to lower the corporate tax rate to 28 percent comes less than a year after he raised the top individual income tax rate, paid by many small businesses, to 39.6 percent.

◼ Obama Offers to Cut Corporate Tax Rate as Part of Jobs Deal - New York Times

◼ Paul Ryan: Obama's 'grand bargain' for Big Business - Psul Ryan/USA Today

President's pitch to cut corporate tax rates leaves families and small businesses behind.