Archive for the ‘Tax Policy’ Category

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

Hillary Clinton’s infrastructure plan, reviewed…it’s good!

December 2nd, 2015

Over at WaPo. But her plan (and Bernie’s even more so) also raises the fundamental question that I’ve been trying to elevate: we can’t make the necessary investments in public goods without raising more tax revenues. And thus as long as we’re stuck in the vice of the horribly cramped tax debate, we’re doomed. Well,… Read more

Our tax debate is more cramped than ever

November 24th, 2015

Hillary’s attacking Bernie for raising taxes on the middle class, which both suggests a serious constraint on a truly progressive policy agenda and may be necessary to get elected. Even while the firm is already as master tax avoider, Pfizer is inverting–moving its tax mailbox to Ireland while keeping its operations largely here (and thus… Read more