…probably much less so than proponents of repeal would have us believe. Any tax discourages what is taxed, so labor taxes discourage labor and taxes on capital income discourage savings….

…Detail is found here: “The Corporate-Tax-10“ More: Corporate-Tax-10.pdf The main tax goal of the “Corporate Tax 10” in 2025 is to stop the corporate rate from being raised from its…

…on the declining level of Federal corporate profits taxes relative to pretax income. This ratio is less than the overall effective tax rate to the degree that companies pay foreign…

…tax code. The Tax Cuts and Jobs Act of 2017 allows AbbVie to pay an effective tax rate less than half the U.S. corporate tax rate of 21% and the…

…pay considerable sales and payroll taxes even though perhaps not income tax. We did, after all, DESIGN our tax system to try to protect lower income taxpayers from paying income…

…tax has been discussed is different: they say a tax of 23%, but they calculate that rate by taking the ratio of the tax to the price plus tax–so the…

…(without that partnership interest itself being subject to tax as compensation) entitled to receive capital gains distributions. Accordingly, as one partnership tax treatise puts it, the tax treatment of a…

…on Fair Tax Proposal ; FAIR Tax: Huckabee’s win in Iowa requires more discussion of his tax proposals. Caron on TaxProf notes today the Wall Street Journal’s editorial on the…

…politicians on the right about how a corporate tax “overhaul” is needed because our taxes are “too complex” and/or “too anti-competitive” or because our tax rates are “too high”. The…

…the problem caused by sophisticated taxpayers seeking sophisticated help to avoid or evade taxes. This “regulations and complexity are the cause of offshoring and tax cheating” nonsense sounds about like…