Comments on: Corporate Tax Reform Should be Revenue Positive

By: Guest

Guest — Wed, 09 Jan 2013 09:09:00 +0000

I believe that POTUS has said he does want to make it revenue neutral, but at the current law baseline. That would mean that it would still add about 200 B in revenue to the Treasury when evaluated at the current policy baseline, which includes all the business tax extenders that are extended every year before lapsing.

Calling it revenue neutral is merely a political statement, not a policy one in that context – the Geithner/Obama proposal would add revenue relative to the current policy baseline, same as the recent Bush tax cut deal adds relative to current policy but is a tax cut relative to current law.

By: Jared Bernstein

Jared Bernstein — Wed, 09 Jan 2013 07:50:47 +0000

Make sure they pick up the check!

By: fausto412

fausto412 — Wed, 09 Jan 2013 07:28:00 +0000

yeah!
I’m hanging out with a Corporation tomorrow…

By: fausto412

fausto412 — Wed, 09 Jan 2013 06:55:00 +0000

“lower the rate and broaden the base”

Stop saying that. That’s adopting GOP language. Say “close all loopholes, and tax all income. add a provision that if the company is headquartered outside USA they will pay tariffs or provide equivalent income and lifetyle overseas.”

We have to stop this ridiculous tax dodging and cost cutting by outsourcing.

By: Th

Th — Wed, 09 Jan 2013 05:42:47 +0000

I would rather stop taxing corporate profits entirely and replace the revenue (plus a little) with a carbon and/or stock transactions tax and taxing dividends as regular income. Corporate tax policy is arguably the most toxic cesspool of campaign finance and public brainwashing driven bad policy making not to mention the incredible waste of resources in tax avoidance schemes.

By: jo6pac

jo6pac — Tue, 08 Jan 2013 12:30:27 +0000

Thank You

By: Fred Donaldson

Fred Donaldson — Tue, 08 Jan 2013 10:33:29 +0000

Now that corporations are people, their income should be taxed as people.

By: Rima Regas

Rima Regas — Tue, 08 Jan 2013 10:12:17 +0000

The problem, when looking at this, is starting from the assumptions that the political dysfunction plays no part, and that the political players are participating in the game, honestly.

Neither party, in the end, is interested in really making the changes they all know need to be made. They’ve all spoken of loopholes and none, save for a few on the far left, have listed which they’d close.

Add to this McConnell’s mission to signal that the Fiscal Cliff bill embodies all intended effort to raise revenue.

We should have gone over the cliff.