Archive for the ‘Tax Policy’ Category

How states can stop wasting their taxpayers’ money

February 8th, 2016

[This post was written jointly with Ben Spielberg] Most state governors want to bring more businesses and employment to their states and maintain sustainable budgets. An important new paper from two of our colleagues, Michael Mazerov and Mike Leachman (M&L), provides a new and important insight in this regard: incentives in the form of tax… Read more

Yes, Virginia…there is an aggressive and highly successful anti-tax lobby

December 31st, 2015

The Wall St. Journal ran an interesting piece this morning showing how the effective tax rate—taxes as a share of income—spiked up significantly in 2013 for the wealthiest taxpayers due to an increase in the tax rate on capital gains. This is important information and the piece appropriately highlights how the higher rate sharply increased… Read more

A toll booth/exit tax for those who would invert

December 7th, 2015

Here’s a smart idea from the TPC’s Steve Rosenthal on a way to make corporate tax inversions more costly to companies engaged in this particular brand of tax avoidance. You put up a toll booth in the form of an exit tax on their deferred earnings, i.e., profits they’ve held overseas (really, “booked” overseas) but… Read more