There has been considerable discussion about the corporate tax system in the U.S. and the IRS’s global reach in the media over the past year. The rash of corporate inversions was the catalyst for the public discussion of...
- Selected Federal Rates, 2012 - 2013
Selected Federal Rates, 2012 - 2013
March 14, 2013
Hearing on Tobacco: Taxes Owed, Avoided, and Evaded Before the U.S. Senate Committee on Finance Chairman Wyden, Ranking Member Hatch, and members of the Committee: I appreciate the opportunity to submit this statement on tobacco taxes and...
Key Findings Large differentials in cigarette taxes across states create incentives for black market sales. Smuggled cigarettes make up substantial portions of cigarette consumption in many states, and greater than 25 percent of consumption in...
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