Contrary to popular belief, the average corporate income tax rate in the U.S is actually higher than many other developed economies. Some economists and media pundits have suggested that the Federal government should reduce this tax rate to...
While economists continue to debate just who ends up paying the corporate income tax, no movement to abolish it has ever taken hold, an economist writes.
KUALA LUMPUR: Corporate and income tax will be gradually reduced, once the proposed Goods and Services Tax (GST) is in place by mid-2011, said Deputy Finance Minister Datuk Chor Chee Heung.
A few days ago I wrote about that stupid GAO study that attempted to highlight corporate evasion of federal income taxes. The reason the study is stupid is because it goes for a cheap headline rather than objectively presenting a very complex...
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