Tonight Senator Ted Cruz ended his presidential campaign after a long Republican presidential primary. While Cruz will remain in the Senate, working on policy at the federal level, it is unlikely that his tax plan will...
- Putting a Face on America's Tax Returns: Chart 28
Putting a Face on America's Tax Returns: Chart 28
September 24, 2012
Key Findings The combined top federal tax rate on equity-financed corporate income in the United States is 50.47 percent, compared to a top federal tax rate of 43.4 percent on other business income. Equity-financed corporate income is subject...
Key Findings: The “Main Street Tax Plan” would enact a number of changes that would lower marginal tax rates while broadening the U.S. tax base. The “Main Street Tax Plan” would reduce tax revenue by over $1 trillion...
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