…faces two related challenges. First, it is being undermined by international tax competition, including from tax havens. Second, at the very top of the income hierarchy, the income tax is…

…The central theme that brings these objectives together is that household and business decisions should depend on the tax code as little as possible. Taxing all income, but taxing it…

…flawed corporate tax cut, strengthening its international tax provisions, and reconsidering the tax code’s large tax breaks for high-income and high-wealth households. Doing so would make the tax code more…

…Tax Change Coming?” is the transcript below . . . ~~~~~~~ William Gale The TCJA made very substantial changes to the income tax, the estate tax, and the corporate tax….

…avoidance, but that there is no such thing as ineffective tax planning. This, he argues, is an embarrassment for tax avoidance defenders, inasmuch as effective tax avoidance and ineffective tax…

…that could be used to offset gains from other sources, thus reducing taxable income and tax liabilities and (ii) shifting profits to a Luxembourg shell company. Marriott’s effective tax rate…

…the National Low Income Housing Coalition’s annual “Out of Reach” report finds. In 93% of U.S. counties, the same workers can’t afford a modest one-bedroom.” 11 (Ironically, the Housing Coalition…

…relationship between the tax burden (i.e., the share of income going to taxes) and economic growth. As shown also in a recent post, Presidents who cut the tax burden tended…

by Mike Kimel crossposted with Presimetrics blog The Effect of Tax Cuts and Tax Hikes on Economic Expansions Right about now, the U.S. economy appears to be recovering from a…

…taxes are raised in other countries: the proportion of taxes raised through consumption taxes and income taxes, the VAT rates, and the maximum marginal tax rate on income. Sources: The…