For all of its populist appeal, the corporate income tax is arbitrary and exempting some organizations from paying it is equally arbitrary. Abolishing the corporate tax altogether would supercharge the economy and wouldn't serve any particular set of political interests.
The RATE Coalition, a 501(c)4 organization dedicated to corporate tax reform, makes such patently simplistic arguments in this area that it's hard to fathom how two smart people like Elaine Kamarck and James Pinkerton could lend their reputations to the enterprise.
WASHINGTON -- Outraged by a new report about America's largest corporations dodging their taxes, small business owners are orchestrating a new campaig...
Let's put to bed for all time this trope that half of Americans have no "skin in the game." The income tax is simply one of a suite of federal taxes imposed on rich and poor in different proportions and collected through different mechanisms.
Rahm Emanuel has a proposition. A grand one, for big business, big unions, and Congress: let a corporate income tax holiday pay for a national infrast...
The corporate tax code in the US creates a significant bias toward debt finance over equity. However we have come to realize that excessive debt is much more costly than we have always thought.
We all want to cut taxes. Globalization is nothing more than production looking for a cheaper country to produce. We can cut taxes by eliminating the corporate income tax and replacing it with a 5% value added tax.
Demonstrators posing as a liberal Tea Party disrupted service at banks across the country on Saturday, in an effort to spotlight the gimmicks multi-bi...
Corporations like to complain about their taxes. In testimony, statements, and speeches, executives rehearse the same old litany of woe -- and there's a kernel of truth in these complaints.
The more you consume, the more you pay. Canceling the corporate income tax reduces the cost to all consumers. The 5% VAT is a winner for the poor, the middle-class, and the rich, and it is absolutely necessary in the trade war.