Posts Tagged ‘corporate income tax’

Paying for Corporate Tax Rate Cuts is Hard

Covering the revenue loss from deep individual income tax rate cuts while maintaining the income tax’s current progressivity is difficult, as Howard Gleckman explained here last week. It turns out that paying for corporate tax rate cuts is even harder. And new Tax Policy Center estimates show that lowering corporate tax rates without paying for […]

Will Obama’s Views on Tax Reform “Evolve” Too?

Robin, thanks for asking me back on Good Morning America to talk about my views on tax reform. After we spoke about gay marriage, I got to thinking about another deeply-held emotional issue that affects every American family. Well– you know, I have to tell you, as I’ve said, I’ve– I’ve been going through an […]

102% Tax Rate? Really?

Investment manager James Ross last week told New York Times columnist James Stewart that his combined federal, state, and local tax rate was 102 percent.  No doubt, Ross did pay a lot of tax to the feds and the two New Yorks, city and state. But did he really pay more than all of his […]