The Congressional Budget Office (CBO) has released its 2015 to 2025 Budget and Economic Outlook. In this yearly publication, the CBO examines current laws (taxes and spending) and projects the outlook for the federal...
- OECD Nations Continue Cutting Corporate Tax Rates While U...
OECD Nations Continue Cutting Corporate Tax Rates While U.S. Stands Still (Federal Plus Provincial/State Corporate Tax Rates for OECD Countries, 2008-2009)
August 03, 2009
Key Findings Pass-through business income is taxed on the business owners’ tax returns through the individual income tax code. Pass-through business income faces marginal tax rates that exceed 50 percent in some U.S. states....
Key Findings The U.S. loses about 60,000 corporations per year and has lost about 1 million corporations since the Tax Reform Act of 1986. Over time, more businesses have structured themselves as "pass-through" entities. This allows...
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