The U.S. corporate income tax is ripe for change – that’s what you will believe, anyway, if you follow the news as it relates to this subject. There is concern on the part of both major parties about the fact that the U.S. rate is the highest among OECD countries and that the U.S. policy of taxing corporations on a global, rather than a territorial, basis is causing trillions of dollars in corporate profits to be stranded in foreign banks.