Tax Policy Center

Small Business

Federal Budget and Economy: TaxVox

If The US Avoids Default, You May Want To Thank Car Dealers, Real Estate Agents, and Local Bankers

If the country avoids breaching the debt limit in the next few months , you may not have Wall Street volatility to thank. Or even...
May 9, 2023Howard Gleckman
: TaxVox

The 25-Percent Rate for Pass-Through Businesses Helps Rich Investors, Not “Small” Businesses

House Ways & Means Committee Chairman Kevin Brady’s recently-introduced tax plan promises to cap the income tax rate for income generated by pass-through businesses at...
November 8, 2017Steven M. Rosenthal
Business Taxes: TaxVox

A new look at how current law and proposed reforms tax entrepreneurs

Tax policy debates often focus on entrepreneurs, those risk-takers who build businesses from scratch. In an effort to better understand how innovators who create new...
January 5, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Clinton Proposes Tax Simplification for Small Business

Hillary Clinton has proposed a package of measures , including some important tax changes, aimed at making life easier for small businesses. They aren’t especially...
August 23, 2016Howard Gleckman
: TaxVox

Corporate Tax Reform: Not All About the Rates

About last year’s inversion rush… The US corporate tax rate, highest among industrialized nations at 35 percent, was driving companies to switch mailing addresses in return for lower tax rates, right? Not so fast. A Reuters analysis finds that the taxes paid by the six largest inversion-seeking
February 10, 2015Renu Zaretsky
Business Taxes: TaxVox

Pass-Through Firms Report $800 Billion in Net Income, Can’t Be Ignored in Business Tax Reform

Washington is going through another one of its periodic calls for business tax reform. But new research by my Tax Policy Center colleague Joe Rosenberg shows just how hard it is to separate business taxation from the individual tax code. And it should serve as a warning to those who think Congress
October 2, 2014Howard Gleckman
Individual Taxes: TaxVox

Making State and Local Taxes “Friendly” to Small Businesses

Small business owners are more concerned with the complexity of state and local tax laws than with the amount of tax they pay, according to a recent survey conducted by Thumbtack.com in partnership with the Ewing Marion Kaufman Foundation. Aside from economic conditions, small business owners’
June 18, 2014Frank Sammartino
Individual Taxes: TaxVox

Seven Tax Issues Facing Small Business

Today I had the chance to testify before the House Small Business Committee on the many tax issues facing small business. Here are my opening remarks. You can find my full testimony here . America’s tax system is needlessly complex, economically harmful, and often unfair. Despite recent revenue
April 9, 2014Donald Marron
Individual Taxes: TaxVox

Tax Policy Should Consider New Business, Not Small Business

Small businesses occupy an iconic place in the public policy debate and benefit from a broad range of tax and spending subsidies. But the economic...
April 8, 2013William G. Gale
Individual Taxes: TaxVox

The very unRepublican Small Business Tax Cut

My Tax Policy Center colleague Eric Toder and I are mystified by how unRepublican the House GOP’s Small Business Tax Cut Act really is. Sure,...
April 24, 2012Howard Gleckman