…liability of corporations for federal income taxes. Every presidential candidate has one scheme or another to reduce corporate taxes, with even Obama falling prey to the continuing influence of the…
…The federal tax burden is quite progressive as the last chart shows. But in general state and local taxes such as sales taxes and property taxes are much more regressive,…
McKinsey on Dividend Taxes McKinsey is one of the top, many say the best, management consulting firms–hardly a left-wing industry. Among their various activities, they distribute a newsletter, The McKinsey…
…the continued advance of corporate tax expenditures that allow corporations to pay little or no taxes year after year. “Of the many Americans who are right now getting their taxes…
…lower taxes. The concept that lowering taxes would be beneficial at this point is one of those zombie ideas that not only won’t die, but continues to eat peoples’ brains….
“Always click the link” — Kevin Drum In his latest Op-ed Paul Krugman wrote ” Americans overwhelmingly believe that the wealthy pay less than their fair share of taxes, and…
…let her eliminate the estate tax and dramatically cut corporate taxes and taxes on wealthy individuals, which is what the Trump plan—devised by his Wall Street hedge-fund and real estate…
…income taxes, corproate income taxes and value-added taxes (which the U.S. does not have), as well as specialty taxes such as financial transaction taxes (which the U.S. does not have)….
This post is largely a comment on a New York Times editorial “The Right Way To Cut Corporate Taxes”. I disagree with the Times’s editorial board. Key parts of the…
Paul Krugman has been explaining (very slowly and clearly) that if the US attracts foreign investment by cutting taxes on profits, then it will have to pay the foreign investors….