Securities and Exchange Commission chief Jay Clayton has asked the agency’s inspector general to investigate a 2016 cyberattack that infiltrated its electronic corporate filings system last year.

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Ideally, the U.S. should aim for the lowest corporate rate possible. But what’s rarely noted when comparing the United States to competitors with low corporate rates is that those countries also impose a consumption tax on top of their other taxes.

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President Trump keeps pushing for a 15% corporate tax rate, even though it would cost trillions. But reducing the rate that much may be easier said than done.

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