Obama's Proposed Corporate Tax Cut Won't Do Much to Stimulate the Economy

I have a few comments on the president's proposal for corporate tax reform (which relies, in part, upon Jared Bernstein's post):

Obama's Proposed Corporate Tax Cut Won't Do Much to Stimulate the Economy

The bottom line is that it is mainly a redistribution of the tax burden rather than a net cut in taxes, and I don't think it will have a large impact on the economy.