President Obama is hoping to win over more moderate voters by pushing a reduction of the federal corporate tax rate from 35 percent to 28 percent. However, Americans for Tax Reform says the complete Obama plan is light on reductions and heavy with additional tax burdens. Ryan Ellis is ATR’s director of tax policy. He says the proposed cut is too small when comparing our corporate tax rate with those of our economic rivals and when factoring in state taxes on corporate revenues. Ellis also says the plan blatantly raises taxes on small businesses and compounds the pain by doing away with critical tax deductions. Ellis also offers what he considers a more effective tax reform plan.