As part of his new tax plan, the president has proposed ending the “step-up” in tax basis for inherited assets, and, furthermore, requiring the capital gains tax to be paid at death rather than when an heir later sells...
- Audio Commentary: Are Windfall Profits Taxes Good Economi...
Audio Commentary: Are Windfall Profits Taxes Good Economics?
In the wake of record profit reports by several large U.S. oil companies, many lawmakers have renewed calls for a "windfall profits" tax on the industry. The following audio commentary was recorded by Tax Foundation President Scott A. Hodge, exploring the economics of windfall profits taxes.
To listen, please click the link below.
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