There has been considerable discussion about the corporate tax system in the U.S. and the IRS’s global reach in the media over the past year. The rash of corporate inversions was the catalyst for the public discussion of...
- Federal Corporate Income Tax Rates, Income Years 1909-2012
Federal Corporate Income Tax Rates, Income Years 1909-2012
Key Findings OECD countries rely heavily on consumption taxes, such as the value added tax, and social insurance taxes, such as the payroll tax. The United States relies heavily on the individual income tax, at 37 percent of total government...
Americans often look at businesses impersonally. We think of them as lifeless entities that earn profits and don’t do much else. When we think of businesses this way, it becomes very easy to think that business taxes are somehow different than...
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