Tax Policy Center

business taxes

Campaigns, Proposals, and Reforms: TaxVox
Donald Trump would permit businesses to immediately expense new investment . As a result, they could deduct the full cost of plant and equipment at...
September 9, 2016Steven M. Rosenthal
Business Taxes: TaxVox
Many tax subsidies help new businesses, especially those financed with borrowed money and organized to avoid the corporate income tax . However, large numbers of start-ups may not benefit from this largess, according to a new study by my Tax Policy Center colleagues Joe Rosenberg and Donald Marron
February 9, 2015Howard Gleckman
Individual Taxes: TaxVox
The year in taxes started with the nation toppling, briefly, over the fiscal cliff. And it ended with some interesting policy proposals on tax reform though little political progress. Remember the fiscal cliff? While that crisis was resolved on New Year’s Day, it really began in 2001, when
December 12, 2013William G. Gale
Individual Taxes: TaxVox
In a speech today in Chattanooga TN, President Obama made congressional Republicans an offer they could refuse. And they did . By doing so, Obama may have quashed the last shred of hope that tax reform can happen before the 2014 congressional elections. In what the White House pitched as a new idea
July 30, 2013Howard Gleckman
Individual Taxes: TaxVox
For years, the battle over carried interest has focused on how to tax the compensation of private equity managers. But a careful reading of the law suggests that all the business profits of these investment firms, not just the pay of their managers, are ordinary income, and should be taxed that way
February 4, 2013Steven M. Rosenthal
Individual Taxes: TaxVox
Suppose someone proposed a special tax on businesses that make their ownership shares publicly available in affordable, easy-to-sell units. Such an idea would probably generate a lot of push-back. Efficiency advocates might complain that it taxed the very attributes that make equity markets
December 29, 2012Chris Sanchirico
Individual Taxes: TaxVox
In a shouting match with a demonstrator at the Iowa State Fair yesterday, GOP presidential hopeful Mitt Romney argued against raising corporate taxes, asserting that “Corporations are people.” He’s right, of course, in both the legal sense—the law treats corporations as if they are people—and in
August 12, 2011Roberton C. Williams