Tax law, Government regulation, United States. Congress -- Tax policy, Tax law -- Interpretation and construction, Rich -- Taxation, Tax deductions -- Laws, regulations and rules, and Tax deductions -- Political aspects
Abstract
Certain rich people are doing everything they can to bend the new $1.5 trillion tax cut law to their advantage. But there is another group trying to game the system [...]
Clausing, Kimberly, Kleinbard, Edward, and Matheson, Thornton
IMF Working Papers. Sept 8, 2016
Subjects
Tax law, United States. Congress -- Tax policy, United States. Department of the Treasury -- Tax policy, Tax rates, Tax reform, Corporate income taxes, and Tax policy
Abstract
This paper examines the main distortions of the U.S. corporate income tax (CIT), focusing on its international aspects, and proposes a set of reforms to alleviate them. A bold reform to replace the CIT with a corporate-level rent tax could induce efficiency- enhancing reform of the international tax system. Since fundamental reform is politically difficult, this paper also proposes an incremental reform that would reduce tax expenditures, reduce the CIT rate to 25-28 percent, and impose a minimum rent tax on foreign earnings. Finally, this paper analyzes empirically the likely impact of the incremental on corporate revenues outside the U.S.: Though a U.S. rate cut would likely lower revenues elsewhere, implementation of a strong minimum tax could more than offset that effect for most countries with effective tax rates above 15 percent. JEL Classification Numbers: H25, H26 Keywords: Corporate income tax, tax reform, international taxation
Church & State. Jan, 2018, Vol. 71 Issue 1, p15, 2 p.
Subjects
Company personnel management, Tax law, United States. House of Representatives. Committee on Ways and Means -- Human resource management, United States. House of Representatives. Committee on Ways and Means -- Political activity, Tax reform -- Political aspects, Bills, Legislative -- Political aspects, Taxation -- Political aspects, Nonprofit organizations -- Political aspects, Tax policy -- Political aspects, and Tax law -- Political aspects
Abstract
Senate Democrats were able to block a provision in Congress' tax overhaul bill that would have gutted the Johnson Amendment, which protects the integrity of elections and of tax-exempt organizations, [...]
Tax law, Market trend/market analysis, Company public relations, United States. Internal Revenue Service -- Forecasts and trends, United States. Internal Revenue Service -- Public relations, United States. Congress -- Powers and duties, Tax administration and procedure -- Forecasts and trends, Tax law -- Evaluation, and Tax returns -- Forecasts and trends
Abstract
As Americans scramble to finish their tax returns this weekend, it's safe to say that many are fuming at the IRS. On the presidential campaign trail, 'abolish the IRS' is [...]
The Hill. June 12, 2018, Vol. 25 Issue 52, p13, 2 p.
Subjects
Tax law, United States. Congress -- Political aspects, Tax law -- Political aspects, Legislation -- Political aspects, and Business-government relations
Abstract
* Lawmakers are hearing more and more from stakeholders seeking fixes to glitches in the GOP tax law, but it's unclear when they will move forward with a package that [...]
The Toronto Star (Toronto, Ontario). Sept 6, 2010, B1.
Subjects
Tax law, Tax policy -- Economic aspects, Tax policy -- Political aspects, Tax law -- Economic aspects, Tax law -- Political aspects, United States economic conditions -- Economic aspects, United States economic conditions -- Political aspects, Taxation -- Economic aspects, and Taxation -- Political aspects
Abstract
As part of his pre-election push to spur the slumping economy and his party, President Barack Obama will ask Congress to increase and permanently extend a popular but costly tax [...]
The Christian Century. April 25, 2018, Vol. 135 Issue 9, p18, 1 p.
Subjects
Tax law, Government regulation, United States. Congress -- Powers and duties, Tax law -- Political aspects, Nonprofit organizations -- Laws, regulations and rules, Nonprofit organizations -- Political aspects, Tax exemption -- Political aspects, and Tax exemption -- Laws, regulations and rules
Abstract
A $1.3 trillion omnibus spending bill passed by Congress March 22 and signed by President Trump the next day did not make changes to the Johnson Amendment, a tax law [...]
The Hill. Oct 25, 2017, Vol. 24 Issue 93, p12, 2 p.
Subjects
Tax law, Company business planning, United States. Congress -- Health policy, Health insurance industry -- Political activity, Health insurance industry -- Taxation, Medical equipment and supplies industry -- Political activity, Medical equipment and supplies industry -- Taxation, Medical test kit industry -- Political activity, Medical test kit industry -- Taxation, Health care reform -- Political aspects, Health care reform -- Planning, Tax law -- Political aspects, and Patient Protection and Affordable Care Act
Abstract
* The medical device and insurance industries are fighting to stop ObamaCare taxes from taking effect now that it's clear the law will remain on the books next year. [...]
Tax law, United States. Internal Revenue Service -- Economic policy, United States. Congress -- Economic policy, Tax law -- Political aspects, and Tax administration and procedure -- Political aspects
Abstract
When you call the IRS this year for help with a tax question, don't blame the agency if you never get through. Instead, ask your senator or representative why Congress [...]
Tax law, United States. Congress -- Political activity, Tax law -- Political aspects, and Bills, Legislative
Abstract
In a Congress distinguished by its capacity for gridlock, the vote on a bill to help people with disabilities to save for their future was noteworthy, if not shocking. [...]
Tax law, United States. Congress -- Tax policy, United States. Congress -- Social policy, Tax law -- Political aspects, Tax policy -- Political aspects, Emigration and immigration law -- Political aspects, and Executive-legislative relations
Abstract
The modesty of last month's federal budget deal, and the difficulty of achieving even that, make Washington's more ambitious 2014 goals appear out of reach. Could a divided [...]
Banking industry, Tax law, Government regulation, United States. Congress -- Tax policy, Banking industry -- Taxation, and Banking industry -- Laws, regulations and rules
Abstract
After months of bemoaning the logjam on business-friendly legislation in Congress, bankers on Thursday got their first taste of what's to come when Republicans start carving up the tax code. [...]
Accounting Today. Jan 28, 2008, Vol. 22 Issue 2, 11.
Subjects
Tax law, United States. Congress -- Tax policy, and Tax law -- Interpretation and construction
Abstract
In the last few days before Congress adjourned for 2007, a number of tax law changes finally made it through the two chambers and on to President Bush. The president [...]
National Review. June 5, 2006, Vol. 58 Issue 10, 4.
Subjects
Tax law, United States. Congress -- Tax policy, and Tax law -- Political aspects
Abstract
Congress voted, by healthy margins (244-185 in the House, 54-44 in the Senate), to extend the tax cuts on dividends and capital gains through the end of 2010. Now all [...]
Diverse Issues in Higher Education. Jan 17, 2013, Vol. 29 Issue 25, p4, 1 p.
Subjects
Tax law, Government regulation, United States. Congress -- Powers and duties, Tax law -- Interpretation and construction, Fiscal policy -- Negotiation, mediation and arbitration, Fiscal policy -- Political aspects, Tax credits -- Laws, regulations and rules, and American Taxpayer Relief Act of 2012
Abstract
WASHINGTON For much of the latter part of 2012, most of the talk concerning the federal budget focused on the need to avoid going over the 'fiscal cliff.' [...]
The Hill. March 4, 2015, Vol. 22 Issue 24, p10, 2 p.
Subjects
Tax law, Democratic Party (United States) -- Tax policy, and Tax reform -- Political aspects
Abstract
* Senate Democrats have found a new avenue for breaking the current gridlock on taxes: the White House. Sen. Ron Wyden (Ore.), the top Democrat on the Finance [...]
The Hill. Feb 12, 2015, Vol. 22 Issue 18, p11, 2 p.
Subjects
Tax law, United States. Senate -- Tax policy, Tax law -- Political aspects, Tax reform -- Political aspects, and Bills, Legislative -- Statistics
Abstract
* An eye toward a total overhaul of the tax code did not stop Senate lawmakers from advancing 17 different tax bills Wednesday. Top tax writers are adamant [...]
Small business, SOHO, Tax law, Government regulation, Taxation -- Political aspects, Taxation -- Laws, regulations and rules, Small business -- United States, Small business -- Political aspects, Small business -- Taxation, and Small business -- Laws, regulations and rules
Abstract
The continuing inability of Congress to agree on what to do with the expiring Bush tax cuts has real consequences, as small businesses remain stymied in their planning for the [...]
Voice over IP, Tax law, Telecommunications services industry, Government regulation, Company legal issue, Vonage Inc. -- Cases, United States. Court of Appeals for the 8th Circuit -- Powers and duties, VoIP (Network protocol) -- Laws, regulations and rules, VoIP (Network protocol) -- Taxation, Tax law -- Cases, Telecommunications services industry -- Cases, and Communications industry -- Cases
Abstract
The latest attempt to level state taxes on VoIP service has failed after the 8th U.S. Circuit Court of Appeals turned down an appeal by the Nebraska Public Service Commission [...]
Tax law, United States. Congress -- Powers and duties, Republican Party (United States) -- Tax policy, Tax law -- Political aspects, Tax law -- Interpretation and construction, and Tax reform -- Political aspects
Abstract
WASHINGTON -- If there's one thing Americans of all political parties can agree on, it's that taxes stink. But if there's another thing they can agree on, it's that they [...]
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