corporate taxes

With recent news about Burger King and medical device manufacturer Medtronic relocating their headquarters outside of the United States to avoid high corporate taxes, the subject of corporate inversions has been a big topic of discussion in the media. While President Obama and the Treasury Department condemn these moves and construct roadblocks to prevent inversions, they fail to see the reasons that drive these corporations overseas.

Just in time for Halloween, the nonpartisan Tax Foundation has released its annual “State Business Tax Climate Index,” finding some states treat businesses in a rather beastly manner, while others give their local employers the fiscal equivalent of a king-sized candy bar.

One of the underappreciated aspects of the current debate over corporate tax inversions is how it represents not just an opportunity for some progressive populism, but is just another aspect of the same view which motivates the left’s general disgust with Uber and other members of the sharing economy.

Two recent reports deserve attention from anyone who has a job, wants a job, or gives people jobs.   “The High Burden of State and Federal Capital Gains Tax Rates”…

The Heartland Institute’s Peter Ferrara was a guest on CNBC on Friday afternoon. In light of the latest horrible jobs report, the “fiscal cliff” we face, and the impending Taxmageddon on…

If Illinois citizens needed any further evidence of the contempt this state’s leaders have for us, here it is in this Chicago Tribune headline and subheadline: CME, Sears tax break…