Tax Policy Blog

The Lowered Corporate Income Tax Rate Makes the U.S. More Competitive Abroad

One of the most significant provisions in the Tax Cuts and Jobs Act was the reduction of the U.S. corporate income tax rate from 35 percent to 21 percent. Over time, the lower corporate rate will encourage new investment and lead to additional economic growth. It will make the U.S. more attractive for companies by increasing after-tax returns on investments and will discourage companies from shifting profits to low-tax jurisdictions.

Will Rhode Island Offset Wayfair Influx with a Sales Tax Cut?

Oregon Another Step Closer to a Gross Receipts Tax Funding Public Education

A Property Tax is a Wealth Tax, but…

Warren’s comparison between the property tax and her proposed wealth tax makes a good sales pitch. However, there are important differences between the taxes. By no means is the property tax in many jurisdictions perfect, but it is generally better structured than a wealth tax.

New Study Finds that High Tax Rates Lower the Chance of Business Survival

America’s tax code distorts the economic decision-making of firms, such as the favorable treatment of debt financing over equity. This study adds to this argument while providing motivation for policymakers to focus on how reforms to tax policy can increase American entrepreneurship.

Testimony to the Joint Session of the Nebraska Revenue, Education, and Retirement Committees

Iowa Adopts a “Soft” Property Tax Cap

Analysis of H.R. 1757: A Proposal to Raise the SALT Deduction Cap

Revenue Estimates for Digital Services Taxes

Colorado Bill Would Put Vapor and Cigarette Tax Increases on November Ballot

Colorado Inches Forward on “Wayfair Checklist,” but Complexity and Legal Questions Remain

The Long View on the Top Marginal Income Tax Rate in Austria

Testimony: Oregon Should Reevaluate the Proposed Gross Receipts Tax to Raise Revenue for Public Education

Minnesota Considers $1.35 Billion Biennial Tax Increase

Connecticut Lawmakers Mull Capital Gains Surtax

Corporate and Pass-through Business Income and Returns Since 1980

More business income is reported on individual tax returns than corporate returns. The U.S. now has fewer corporations and more individually owned businesses. Corporations make up less than 5 percent of businesses but earn 60 percent of revenues.

Germany Proposes First R&D Tax Break

Oregon’s Proposed Corporate Activity Tax Would Harm Low-Income Oregonians the Most

Why State-for-Local Tax Swaps Are So Hard to Do

Who Wants a Tax Increase?