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The Growing Need for Trump’s Proposed 15 percent Corporate Tax Rate

There are several features of President-Elect Trump’s tax plan that are worthy of praise, including death tax repeal, expensing, and lower marginal tax rates on households. But the policy that probably deserves the most attention is Trump’s embrace of a 15 percent tax rate for business. What makes this policy so attractive – and vitally […]

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Anatomy of a Brutal Tax Beating

Based on the title of this column, you may think I’m going to write about oppressive IRS behavior or punitive tax policy. Those are good guesses, but today’s “brutal tax beating” is about what happens when a clueless leftist writes a sophomoric column about tax policy and then gets corrected by an expert from the […]

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European Commission Launches Shakedown of Apple, Asserts Low Taxes Are “State Aid”

Working the world of public policy, I’m used to surreal moments. Such as the assertion that there are trillions of dollars of spending cuts in plans that actually increase spending. How do you have a debate with people who don’t understand math? Or the oft-repeated myth that the Reagan tax cuts for the rich starved […]

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The European Commission’s War against Pro-Growth Corporate Tax Policy

I have a love-hate relationship with corporations. On the plus side, I admire corporations that efficiently and effectively compete by producing valuable goods and services for consumers, and I aggressively defend those firms from politicians who want to impose harmful and destructive forms of taxes, regulation, and intervention. On the minus side, I am disgusted […]

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Hillary Clinton’s “Exit Tax” Is an Unseemly Example of Banana Republic Economics

If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a discriminatory tax penalty on new investment? […]

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Tax Complexity Is a Tax on Paying Taxes

What’s the best measure of the tax burden on the U.S. economy? Is it the amount of money that we’re forced to surrender to the knaves in Washington (i.e., the difference between our pre-tax income and post-tax consumption)? Or is it the loss of economic output caused by high tax rates, distorting preferences, and pervasive […]

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