Tag
Ways and Means Committee
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Budgets/Taxes
Tax Reform Would Modernize How U.S. Taxes Global Business Income
by Peter Ferrara June 24, 2017With the highest top marginal tax rate in the developed world, if not the entire world, at nearly 40%, counting state corporate taxes on average, this U.S. taxation is very burdensome.
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Budgets/Taxes
A Principled Tax Reform Allows Expensing of all Business Costs
by Peter Ferrara June 23, 2017Classic tax reform involves reducing rates in return for closing loopholes. But what is a loophole? Is any deduction a loophole?