GOP Corporate Tax Overhaul Would Place 25 Percent Levy on Companies’ Cash Flow

GOP Corporate Tax Overhaul Would Place 25 Percent Levy on Companies’ Cash Flow-rollcall: Senior House tax writer Devin Nunes is making an opening bid in the GOP’s hunt for a viable tax overhaul with a proposal to replace the 35 percent corporate rate with a 25 percent levy on cash flow, a measure of funds typically available after expenses, financing and investment.