The U.S. loses about 60,000 corporations per year and has lost about 1 million corporations since the Tax Reform Act of 1986. Over time, more businesses have structured themselves as “pass-through” entities. This allows profits to be passed through to owners and taxed at individual tax rates that are often lower than the corporate tax […]
Pat Tiberi is the U.S. Representative for Ohio’s 12th congressional district, serving since 2001. He is a member of the Republican Party. He previously served in the Ohio House of Representatives. Here, he discusses pass-through businesses and their treatment in the U.S. tax code. Pass-through businesses play a significant role in the United States economy. […]
Pass-through businesses play a significant role in the United States economy. They account for 95 percent of all businesses, more than 60 percent of all business income, and more than 50 percent of all employment. However, much of the attention on tax reform focuses on the corporate tax code. It’s crucial, though, that any tax […]
Fox & Friends covers the latest Tax Foundation report which describes how the US corporate tax code is contributing to the decline of the US corporate sector. Full Text: American corporations are shutting down at alarming numbers and taxes are to blame. According to a new report from the Tax Foundation, 1 million corporations have […]
Economist Scott Drenkard appears on FOX Business to discuss the disproportionately high taxes and fees on wireless consumers.
Rep. Pete Sessions (R-Texas) uses the 2014 International Tax Competitiveness Index to argue for Tax Reform.
Today, the Tax Foundation released its first annual International Tax Competitiveness Index that attempts to determine which countries provide the best tax environment for investment and business growth and development. It does this by measuring the competitiveness of tax systems in the OECD’s 34 countries based on over 40 tax policy variables in five categories: […]
Tax Foundation Economist Will McBride, PhD, and Fellow Michael Schuyler explain tax expenditures and the importance of saving and investment.
Tax Foundation Fellow Michael Schuyler explains the consumed income tax.
Tax Foundation President Scott Hodge and Economist Kyle Pomerleau explain the ins and outs of capital gains taxes in the United States. Questions answered in the video: – What are capital gains? – What are capital gains taxes? – How does the US treat capital gains differently than its competitors? – How do taxes on […]