In his recent speech calling for legislation to stop corporate inversions, President Obama added fuel to the misperception that when a company moves its headquarters to another country it avoids paying U.S. taxes. He...
- Record High Progressivity of Federal Income Taxes
Record High Progressivity of Federal Income Taxes
In his best seller, Capital in the Twenty-First Century, Thomas Piketty calls for much higher taxes on upper-income individuals. He recommends a global wealth tax and, for the United States, top income tax...
- Education tax credits have grown from a $4.5 billion program claimed by 4.7 million taxpayers in 1998 to a $17.4 billion program claimed by over 7 million taxpayers in 2011....
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