;#Faculty News;# | Bloomberg.com | 13 Jul 2011
House Democratic Tax Writer Says Debt Fight Poisons Reform
Re: Mihir A. Desai
Lowering the corporate tax rate would decrease the incentives to seek extra leverage, said Mihir Desai, a professor at Harvard Business School and Harvard Law School. "Reducing that rate ends up taking away that distortion to some degree," he said.

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