We almost fell out of our rocking chairs when we heard rumors from political insiders that even though the 21% corporate rate was made permanent in the 2017 law, it could be revisited and raised – with Republican support – in this year’s tax bill, as a way to pay for other tax cuts.

This makes no sense, because the 21% rate was the gemstone of the 2017 TCJA and has been a huge success at making the U.S. more competitive and luring capital into the U.S. Also, revenues went UP when the rate was cut and could go down if the rate were increased.

UP co-founder Steve Forbes has this key advice: