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President Obama and the Treasury Department proposed a major overhaul to the corporate tax rate. Here's what it means for small business

If 2008 was the year that Facebook and YouTube cracked the mainstream in politics, then 2012 will be the year that most every other digital tool breaks the dam wide open on the campaign scene. It's no longer enough for politicians to just be on Twitter--now almost all serious candidates aiming for a seat in Washington must be on Tumblr, Google+, Foursquare, and more

A week or so ago (hard to tell with holiday time as it is) Senator Tom Coburn (R-Oklahoma) released his 2011 “Wastebook”, a list of govt. funded projects that he and his staff consider to be a waste of money.

A week or so ago (hard to tell with holiday time as it is) Senator Tom Coburn (R-Oklahoma) released his 2011 “Wastebook”, a list of govt. funded projects that he and his staff consider to be a waste of money. I was of course dismayed to find several science projects make the list, including several funded by the NIH and of importance to public health.

Senator Tom Coburn (R-OK) has a degree in medicine, so I would expect that he’s had some rudimentary biology education at some point in his life.

* Senator vows no ax to spending on "hurricane hunters" * Says deficit-cutting zeal threatens public safety [More]

A new lawsuit could shed some light. Plus, bringing off-shore insurance tactics to the U.S., and the rest of the day's news for entrepreneurs. Each day, Inc.'s reporters scour the Web for the most important and interesting news to entrepreneurs