…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…

…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…

…the tax cuts. The following picture compares actual and forecast tax revenues given the Bush tax cuts with what revenues would have been without the tax cuts. The heavy red…

…new “study” on “Tax Complexity 2016: The Increasing Compliance Burdens of the Tax Code“. It repeats the garbage about 6.1 billion hours “complying with the tax code”. Of course, anytime…

…their lifetime tax liability. II Future tax increases will and won’t follow temporary tax cuts. The point of this post (if any) is that advocates of tax cuts switch Ricardo…

…such a huge tax cut for the already wealthy? 1) The tax cut will pay for itself. This is trickle-down gobbledy-gook. The vast majority of economists and tax experts are…