THE former chairman of the Future Fund, David Murray, says Australia has nothing to show for its record terms of trade, due to a tax structure that is too steep for companies and individuals, and not deep enough for consumption.
Corporate tax legislation all over the world, no matter how streamlined at the outset, becomes subject to a “creeping incrementalism”. The legislature noticed that on account of various tax inc...
By
Russ Winter
Much of the government borrow, spend and transfer largess is scheduled to run off automatically without a major legislative effort to extend them. In otherwords what is now required is going to be a bipartisan effort to...
Corporate tax reform is a hot issue that both Democrats and Republicans seem to favor.
The basic idea: Lower the main rate, and get rid of loopholes.
In short, get rid of the complexity and all the market distortions buried in that...
Now that Japan lowered its own taxes, the U.S. stands on top with the dubious distinction of having the highest corporate tax rates. Claims that, when you consider all the tax loopholes, subsidies, deductions and tricks, the effective rate is not...
With Japan dropping their corporate tax rate to 38% on Sunday, America now leads the world in corporate tax rate at 39.2% reports the OECD.
While most nations have seen their rates steadily decline over the past 20 years, America has had a...
Last year, I expressed skepticism that the White House was serious about reducing the corporate tax rate. And, sure enough, when the Obama Administration produced a plan earlier this year, it was a disappointing mix of a few good provisions and...
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