The Japanese parliament has approved a 3.29 percent cut in the corporate tax rate from an effective rate of about 35 percent, according to Bloomberg. Prime Minister Shinzo Abe has previously announced plans to lower the...
- Number of Paying and Non-Paying Tax Returns by Type of Re...
Number of Paying and Non-Paying Tax Returns by Type of Return, 2005
June 02, 2008
Key Findings The average combined federal, state, and local top marginal tax rate on long-term capital gains in the United States is 28.6 percent – 6th highest in the OECD. This is more than 10 percentage points higher than the simple...
Executive Summary Senators Marco Rubio (R-FL) and Mike Lee (R-UT) have developed a plan to reform the individual and corporate income tax codes. Major elements of the plan would: Reduce the number of tax brackets to two (15 percent and 35...
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