When it comes to corporate taxes, what’s “fair?” Do taxpayers have a sense of what major corporations pay in taxes? And when corporations pay income taxes, do we understand who ultimately bears that tax burden?
I was 12 when I first heard “Little Red Corvette,” a profoundly racy song by the late musician Prince. I didn’t really understand the lyrics but remember shouting, “I love this song!” Even though English was their second language, my parents caught its meaning and were not fans. I just rolled my eyes, thinking “What’s wrong with a car?”
Pardon me for being confused. Two weeks ago, voters turned the Senate and several state houses over to Republicans and increased the GOP majority in the House. Now, in a new Wall Street Journal -NBC News pol l, (firewall) Americans have firmly embraced—a Democratic agenda. They want more government
Everyone agrees that the tax code is a mess. So why is it so hard for Congress and the President to fix it? On Monday, the Tax Policy Center will host three top political experts who will explain why reform is such a challenge and how backers could overcome its hurdles. It won’t be easy. As