by Dan Mitchell | Oct 5, 2017 | Blogs, Taxation
The Republican tax plan is based on some very attractive principles. Lowering the corporate tax rate. Ending the tax bias against new investment. Eliminating harmful loopholes. Reducing double taxation. Unfortunately, the GOP isn’t planning to completely fix these...
by Dan Mitchell | Mar 16, 2017 | Blogs, Tax Competition, Taxation
The multi-faceted controversy over Donald Trump’s taxes has been rejuvenated by a partial leak of his 2005 tax return. Interestingly, it appears that Trump pays a lot of tax. At least for that one year. Which is contrary to what a lot of people have suspected –...
by Dan Mitchell | Mar 3, 2017 | Blogs, Financial Privacy, Taxation
Republicans promised voters all sorts of pro-growth reforms. They assured us that they learned a lesson about the dangers of expanding government and calling it “compassionate conservatism.” Give us control of both Congress and the White House, they said before the...
by Dan Mitchell | Aug 22, 2016 | Blogs, Economics, Taxation
If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a...
by Brian Garst | Jun 7, 2016 | Blogs, Tax Competition, Taxation
Alan Cole at the Tax Foundation highlights yet another way in which the corporate tax code works against American interests. He cites a recent report from the Australia Institute which argued that a large chunk of their corporate income tax cuts will be eat up by the...
