Tax Foundation Studies and Articles on Business Taxes

Michigan Gov. Snyder’s Budget Improves Competitiveness but Costs Individuals, by Alex Wood-Doughty and Kail Padgitt, March 9, 2011

Testimony of Scott Hodge before the U.S. Senate Budget Committee, Hearing on Distribution and Efficiency of Spending in the Tax Code, by Scott A. Hodge, March 9, 2011

Who Benefits from Corporate “Loopholes”?, by Scott A. Hodge, March 2, 2011

Low Corporate Tax Rates: A Win-Win For Everyone, by Scott A. Hodge, February 17, 2011

President’s Proposed FY 2012 Budget Would Eliminate Corporate “Loopholes” without a Plan for Comprehensive Reform, February 14, 2011

VIdeo: Tax Foundation President Scott Hodge Testifies to Minnesota Legislature on Corporate Tax Reform, February 1, 2011

Illinois Corporate Tax Hike Inches U.S. Closer to #1 Ranking Globally, by Scott A. Hodge, January 14, 2011

Illinois Approves Sharp Income Tax Increase, Fourth-Highest Corporate Tax Rate, by Joseph Henchman and Kail Padgitt, January 13, 2011

2011 State Business Tax Climate Index (Eighth Edition), by Kail Padgitt, October 26, 2010

Over One-Third of New Tax Revenue Would Come from Business Income If High-Income Personal Tax Cuts Expire, September 13, 2010

Where Do State and Local Governments Get Their Tax Revenue?, by Kail Padgitt and Ryan Forster, August 27, 2010

Putting Corporate Tax “Loopholes” In Perspective, by Scott A. Hodge, August 3, 2010

Who Benefits Most from Targeted Corporate Tax Incentives?, by Scott A. Hodge, July 27, 2010

Nevada Panel Considering Tax Reform Options, Including New Business Taxes, by Joseph Henchman, July 13, 2010

The Economic Effects of the Lower Tax Rate on Dividends, by Robert Carroll, June 7, 2010

Testimony of Joseph Henchman Before the U.S. House Committee on the Judiciary, Subcommittee on Commercial and Administrative Law–Hearing on the Impact of Congressional Legislation on State and Local Government Revenues, by Joseph Henchman, April 15, 2010

New KMPG International Location Study: U.S. Is Falling Behind; Taxes Are a Major Fault, April 14, 2010

Tax Foundation President Urges Obama to Consider Corporate Tax Reform, January 27, 2010

U.S. Lags while Competitors Accelerate Corporate Income Tax Reform, by Scott A. Hodge and Andre Dammert, August 5, 2009

The Corporate Income Tax and Workers’ Wages: New Evidence from the 50 States, by Robert Carroll, August 3, 2009

Bank Secrecy, Tax Havens and International Tax Competition, by Robert Carroll, May 13, 2009

What is Tax Deferral? New Tax Foundation Video Aims to Educate Public About Critical Issue Involving America’s Global Economic Competitiveness, May 13, 2009

Andrew Patterson of Oklahoma Wins $5,000 First Prize in Tax Foundation’s CompeteUSA YouTube Contest

Comparing International Corporate Tax Rates: U.S. Corporate Tax Rate Increasingly Out of Line by Various Measures, August 28, 2008

What Do Corporate Income Taxes Cost American Families?, (PDF) August, 2008

This article from the Tax Foundation’s newsletter, Tax Watch, explains that every American worker pays corporate taxes regardless of whether he or she owns a business. In fact, in 2007 the average household shouldered a corporate tax burden of $3,190.

U.S. Corporate Taxes Now 50 Percent Higher than OECD Average, by Scott A. Hodge, August 13, 2008

New Tax Foundation YouTube Video on Corporate Taxes, July 31, 2008

Tax: Fundamentals in Advance of Reform (Testimony of Robert J. Carroll Beforethe Senate Committee on Finance), by Robert Carroll, April 15, 2008

Tax Foundation Vice President for Economic Policy Robert Carroll testified before Congress on basic principles of tax reform, including the importance of the U.S. staying competitive in the global marketplace by reforming its business tax system.

The Economic Consequences of Being Left Behind: A U.S. Business Tax System that is Out of Line Internationally, by Robert Carroll, April 4, 2008

A discussion of the problems that will result from a U.S. business tax system that is increasingly out of sync globally.

U.S. States Lead the World in High Corporate Taxes, by Scott A. Hodge, March 18, 2008

This paper explains that nearly half of U.S. states have higher business tax rates than other developed nations because of both a high U.S. federal corporate income tax rate and high state-level corporate income taxes. When the state-level rates are added to the federal rate, 24 U.S. states surpass Japan to become the world leaders in high business taxes that discourage investment.

Congress Finally Considers Lower Corporate Tax Rate but Underestimates International Tax Competition, by Chris Atkins and Scott A. Hodge, October 25, 2007

This paper discusses Rep. Chairman Rangel’s proposal to cut the U.S. corporate tax rate from 35% to 30.5% and the effects this plan would have on the U.S.’s ranking among OECD countries with regard to corporate tax rates.

Personalizing the Corporate Income Tax, by Gerald Prante and Scott A. Hodge, October 25, 2007

How much do you pay in business taxes? This study includes a discussion of how much corporate income tax is paid by Americans in different income groups, metropolitan areas, and congressional districts.

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