Each year we produce the State Business Tax Climate Index, which promotes tax competition between the states and motivates policymakers to reform their tax systems toward pro-growth policies. Over the past few years, the...
- Tax Policy Briefing for the First 2012 Presidential Debate
Tax Policy Briefing for the First 2012 Presidential Debate
October 03, 2012
Key Findings Using the Tax Foundation’s Taxes and Growth (TAG) Model, this paper simulates both the economic benefits and budgetary costs of a cut in the corporate income tax rate from the current 35 percent to the OECD average corporate...
Key Findings: Policymakers are currently focused on corporate tax reform to bring down the high statutory corporate income tax rate from 35 percent to 25 percent. A pure 25 percent corporate tax cut would increase the size of the economy by at...
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