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Tax Expenditures interest deductions, sources of personal income, Gross Receipts Taxes

Interest Deductibility – Issues and Reforms

Interest deductibility creates holes in the tax base, distorts corporate investment strategies, and contributes to a potentially dangerous macroeconomic environment of overleveraging.

17 min read
International Tax

Competitiveness Impact of Tax Reform for the United States

U.S. taxes on new business investment are uncompetitive globally. While corporate tax rate reductions would have a significant impact on competitiveness, expensing proposals currently being considered would add much more grease to make the wheels turn in the U.S. economy.

16 min read