Last year, 4,279 individuals renounced their U.S. citizenship or terminated their long-term U.S. residency, according to the Treasury Department. This figure is up by 25.3 percent from 2014, when 3,415 individuals...
- A Quick Guide to the Obama and Romney Tax Plans
A Quick Guide to the Obama and Romney Tax Plans
Key Findings The U.S. corporate income tax has a number of problems that could be addressed through a series of reforms. Corporate income taxes reduce economic growth under most simple economic models. The drag on growth from corporate income...
Key Findings: Forty-four states levy a corporate income tax. Rates range from 4 percent in North Carolina to 12 percent in Iowa. Four states, Minnesota, Alaska, Connecticut, and New Jersey, and the District of Columbia levy corporate income...
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