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Tax rates (business)

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Business Taxes

Is the TCJA An Accountants’ Bonanza Or Nightmare?

June 12, 2018 –
In a Harvard Business Review article last December, I described how the complex and poorly vetted provisions of the Tax Cuts and Jobs Act (TCJA)...

Tax Protests and Business Boycotts: History Repeats, Maybe.

June 6, 2018 –
Independence Day has me thinking about tax protests. One, in Boston, shaped our nation’s history. Another is still taking shape in Seattle. Both reflect our complicated relationship with taxes and those who levy them. But that’s where similarities end. If you were a taxpayer participating in either, what might you do?

1986 RIP: Different Tax Rates for Different Income Sources

March 16, 2018 –
The 2017 Tax Cuts and Jobs Act (TCJA) was the most far-reaching tax legislation since the Tax Reform Act of 1986 (TRA86). It also put...
Federal Budget and Economy

Can Treasury Rewrite the New Tax Bill?

February 26, 2018 –
Last year, Congress proved it can act quickly—enacting the massive Tax Cuts and Jobs Act (TCJA) just six weeks after the first version was introduced...
Business Taxes

Will the Tax Cuts and Jobs Act grow US businesses?

February 7, 2018 –
But after the TCJA's bonus buzz fades, what will companies do with their extra money? Will they use it to make more capital investments in the US to boost productivity, and eventually, workers’ wages?

Navigating The TCJA’s Pass-Through Deduction

February 1, 2018 –
The Tax Cuts and Jobs Act (TCJA) creates a new tax deduction of up to 20 percent of income from partnerships, sole proprietorships, and other...

The Senate Tax Bill Would Impose High Marginal Tax Rates on Some Pass-through Owners

November 27, 2017 –
Ever since his presidential campaign, Donald Trump has insisted that Congress lower tax rates on income earned by pass-through businesses such as partnerships, S corporations,...

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

November 8, 2017 –
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...
Business Taxes

Raise the 15 Percent Tax Rate on Capital Gains To Boost Revenue In A Progressive Way

October 11, 2017 –
Republican leaders have several challenges to overcome before they can pass a big tax bill. Here are two: (1) They need revenue to pay for...
Campaigns, Proposals, and Reforms

How Trump could take advantage of his business tax loophole

November 7, 2016 –
Donald Trump’s proposal to slash tax rates on unincorporated businesses would create huge incentives for income tax avoidance and evasion, and his own behavior illustrates...

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From The Briefing Book

From the Briefing Book

Who bears the burden of the corporate income tax?

December 20, 2015 by tpcwebsite

Q.

Who bears the burden of the corporate income tax?

A.

The burden is shared among stockholders and, unintuitively, among a broader group of workers and investors.

  • Read more about Who bears the burden of the corporate income tax?

What criticisms are levied against standard distributional analysis?

December 20, 2015 by tpcwebsite

Q.

What criticisms are levied against standard distributional analysis?

A.

Economists disagree on which taxes to include, how to measure tax burdens, what to assume about tax incidence, how to measure income, what period of analysis to use, and whether to include outlays in the calculations.

  • Read more about What criticisms are levied against standard distributional analysis?

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