by CF&P | Sep 27, 2017 | News, Press Releases
Center for Freedom and Prosperity For Immediate Release Wednesday, September 27, 2017 202-285-0244 www.freedomandprosperity.org CF&P Praises Tax Reform Framework Follows Pro-Growth Principles, But Detailed Plan Will Need to Tread Carefully on Global Tax Rules...
by Dan Mitchell | Sep 23, 2017 | Blogs, Economics, Taxation
The most common arguments for reducing the 35 percent federal tax on corporate income usually revolve around the fact that having the developed world’s highest tax rate on business undermines competitiveness and reduces investment in America. And all of that is true....
by Dan Mitchell | Aug 30, 2017 | Blogs, Flat Tax, Taxation
While I realize there’s zero hope of ripping up America’s awful tax code and getting a simple and fair flat tax, I’m nonetheless hopeful that there will be some meaningful incremental changes as part of the current effort to achieve some sort of tax reform. A package...
by Dan Mitchell | Jul 15, 2017 | Blogs, Tax Competition, Taxation
As a general rule, the International Monetary Fund is a statist organization. Which shouldn’t be too surprising since its key “shareholders” are the world’s major governments. And when you realize who controls the purse strings, it’s no surprise to learn that the...
by Dan Mitchell | May 25, 2017 | Blogs, Economics, Tax Competition, Taxation
What’s the best argument for reducing the onerous 35 percent corporate tax rate in the United States? 1. Should the rate be lowered because it’s embarrassing that America has the highest corporate tax rate in the developed world, and perhaps the entire world? That’s...