Top 10 Reasons to Abolish the Corporate Income Tax -
John Steele Gordon, Wall Street
Journal, 12/29/2014:
Tax dividends at the full rate; increased corporate investment in plants
and equipment would have positive effect on economy and increase revenue
to the government through the personal income tax; stock prices would
rise, leading to increased spending and thus increased tax revenues;
much of the $2 trillion of foreign earnings, now kept abroad to avoid
being taxed when repatriated, would flow into this country causing
interest rates to decline and investment in plant and equipment and new
technology to go up, thus federal revenues.
New Study Ponders Elimination of the Corporate Income Tax - William
McBride, Tax Foundation, 4/11/2014:
Eliminating the corporate income tax would boost GDP and personal
incomes about 2 percent, and would actually increase total federal tax
revenue by about $18 billion.
6 Reasons To Just Totally Eliminate The Corporate Income Tax - Danny
Vinik, Business Insider, 11/20/2013:
Tax capital gains and dividends at the normal tax rates;
raise the payroll tax cap; implement a carbon tax or a number of other
different things.
Eliminate corporate tax, seriously -
Markos "kos" Moulitsas, Daily KOS, 8/25/2014:
Tax capital gains at same rate as regular income; tax financial
transactions.
How To Abolish The Federal Corporate Income Tax Without Increasing
The Deficit - Stan Collender, Forbes, 8/27/2014:
Cut back on corporate subsidies.
Why abolishing the corporate income tax is good for American workers
- Laurence J. Kotlikoff, PBS
Newshour, 2/17/2014:
Raise personal income taxes (no
specifics)
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