Today, we are very excited to release our annual State Business Tax Climate Index, now in its 13th edition. Our Index gives taxpayers, the media, and policymakers a barometer to judge state tax systems against the rest...
- Tax Policy Briefing for the First 2012 Presidential Debate
Tax Policy Briefing for the First 2012 Presidential Debate
October 03, 2012
Key Findings: The United States has the third highest general top marginal corporate income tax rate in the world, at 38.92 percent. Due to the recent reduction in Chad’s corporate tax rate, the U.S. rate is exceeded only by the United...
Key Findings A tax expenditure is a departure from the normal tax code that lowers a taxpayer’s burden, such as an exemption, a deduction, or a credit. The list of tax expenditures in a tax system depends heavily on what one considers...
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