Stories Tagged as
Corporate tax
Can you convince Americans to support lower corporate taxes by promising them a pay raise?
by
Reema Khrais
and Jana Kasperkevic
Oct 18, 2017
President Donald Trump said that lowering corporate taxes could result in a $4,000 pay raise for U.S. households.
Can a corporate tax cut really boost average household income by $4,000?
Oct 16, 2017
The White House released a paper today laying out the argument that a corporate tax cut will give a $4,000 boost to the average household. The studies being used to back up its assertion come from reputable places like the Kansas City Fed and Harvard, although there are plenty of other studies that say otherwise. […]
To win support for corporate tax reform, Trump promises a $4000 “pay raise”
by
Reema Khrais
Oct 13, 2017
To sell his tax plan, President Donald Trump is trying to send a message to ordinary Americans: that cutting corporate taxes will benefit them too. During a speech this week in Harrisburg, Pennsylvania, in front of a crowd of truckers, he claimed that by allowing companies to bring back overseas money at a low tax […]
Would companies use repatriated profits to invest?
by
Amy Scott
Sep 27, 2017
After a one-time tax holiday in 2004 companies used repatriated funds to buy back their own stock or pay dividends to their shareholders.
Why presidents rarely tackle tax reform
Apr 26, 2017
President Trump is set to unveil a tax reform agenda today. One of the centerpieces is expected to be his campaign promise to cut the corporate tax rate from 35 percent to 15 percent. But tax cuts and tax reform are two different things. The last real crack the U.S. took at tax reform was […]
Trump’s tax plan raises economists’ eyebrows
Apr 25, 2017
President Trump is expected to unveil his tax plan tomorrow. It would reportedly lower the corporate tax rate to 15 percent. Budget analysts predict that would cost the federal government more than $2 trillion in revenue over a decade. But the administration says the tax cuts will boost the economy so much that they’ll pay […]
What it might mean if Trump succeeds in cutting the business tax rate
Mar 16, 2017
President Donald Trump reminded Fox News’ Tucker Carlson last night that he aims to bring taxes “way down” on businesses, from 35 percent to 15 percent. But a lot of companies don’t pay 35 percent, because they take deductions and exclusions to shave their tax bill. A drop in the overall tax rate could make […]
For public good, not for profit.
Former Treasury Secretary Lawrence Summers thinks Trump tax reforms would hurt the economy
by
Kai Ryssdal
and Robert Garrova
Jan 11, 2017
Kai Ryssdal spoke with Harvard professor Lawrence Summers about his latest column for the Washington Post.
Apple to bring profits back: what's the tax bill?
Sep 1, 2016
The corporate tax rate is 35 percent - but some doubt Apple will pay that.
EU orders Apple to pay billions of dollars in back taxes
by
Kai Ryssdal
Aug 30, 2016
Apple got a massive bill for back taxes on Tuesday. The European Commission ordered the tech giant to pay back over $14 billion to Ireland, where Apple has its European headquarters. Apple, and the U.S. government, reacted angrily to the demand. The U.S. Department of Treasury has already accused EU officials of unfairly targeting large […]