Think-tank urges US to switch to ‘territorial’ tax system
By James Politi (Financial Times): US companies would repatriate as much as $1.6tn – or the bulk of the cash they have stashed overseas – if America overhauls the treatment of international earnings in...
View ArticleBaucus-Camp reforms: Tax policy debate comes to Intel and Silicon Valley next...
By Dean Garfield (San Jose Mercury News): Next week, Senate Finance Committee Chairman Max Baucus and House Ways and Means Committee Chairman Dave Camp, two of the U.S. economy’s most important...
View ArticleDave Camp & Max Baucus: Now’s the time for simpler, fairer taxes
By DAVE CAMP and MAX BAUCUS (Orange County Register): A recent Gallup poll detailing congressional approval ratings suggests that one reason ratings remain low is our divided government, with...
View ArticleRepatriated Foreign Earnings Do Not Mainly Go To Shareholder Payouts
(Will McBride, Tax Foundation): The American Jobs Creation Act (AJCA) of 2004 allowed U.S. companies a one-time holiday to bring home foreign earnings at a reduced rate, and they did to the tune of...
View ArticleHow President Obama Can Use The G-20 Stage To Advance Economic Growth
By Walter J. Galvin (Forbes): President Obama faces a distinct disadvantage as he prepares for this week’s G-20 Summit [Sept. 5 & 6] with the world’s most powerful finance ministers, central...
View ArticleA Territorial Tax System Would Create Jobs and Raise Wages for U.S. Workers
By Curtis S. Dubay (The Heritage Foundation): Abstract There is widespread agreement that the current U.S. tax system for multinational businesses destroys jobs and suppresses wages for U.S. workers....
View ArticleHow to grow the economy and cut spending
By Diana Furchtgott-Roth (MarketWatch): The good news: America’s deficit is declining, according to the non-partisan Congressional Budget Office. The bad news: after reaching 2% of GDP in 2015,...
View ArticleDestructive vs Constructive Tax Reform
By Miguel A. Martínez, Jr. (ITI): It was the legendary Chief Justice of the United States, John Marshall, who wrote the now famous phrase, “[T]he power to tax involves the power to destroy…” He would...
View ArticleLIFT America Responds to Secretary Lew’s Select USA Summit Remarks
Washington, D.C. – LIFT America strongly supports including international corporate tax reform in the upcoming budget talks. We are pleased that Secretary Lew has called for bipartisan progress to...
View ArticleDUBAY: Budget conference should skip the repatriation holiday
By Curtis Dubay (Washington Times): The ongoing budget conference between the House and Senate gives Congress a rare opportunity to get spending under control. Conferees should focus laser like on...
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Tax reform can move Washington and the economy forward
By Claire Buchan Parker (The Hill): In walking back yet again from fiscal disaster, Congress has passed a short-term budget extension and a temporary debt limit increase. The country is able to...
View ArticleImplications of a Switch to a Territorial Tax System in the United States: A...
By Berkeley Research Group Eric Drabkin, Ken Serwin and Laura Tyson of the Berkeley Research Group (BRG) have released a report that examines the likely effects of a change in the US corporate tax...
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A High Corporate Tax Rate, Not Deferral, Is To Blame For Profits Being Held...
By John L. Aldridge (Tax Foundation): A recent report by the GAO comments on the tax expenditures on the table with Congress’s recent focus on tax reform. The report identifies corporate tax deferral...
View ArticleLIFT America Statement on Senate Finance Committee International Tax Reform...
Claire Buchan Parker, Coalition Spokeswoman 11/19/2013 Washington, D.C. – The Senate Finance discussion draft released today represents another milestone in the long overdue effort to overhaul...
View ArticleBig picture on corporate tax reform
By Walter Galvin (The Hill): When the Apollo 17 astronauts captured a photograph of the Earth that first showed us what the South Pole actually looks like, it gave people tremendous perspective on this...
View ArticleCamp Confirms Tax Reform Will Cut the Income Tax Code by 25 Percent
Ways and Means Committee Chairman Releases New Tax Education Video Washington, Jan 15, 2015 Washington, DC – A new video released today by Ways and Means Committee Chairman Dave Camp (R-MI) provides a...
View Article‘High-Trade’ Jobs Pay Higher Wages
Workers in multinational firms earn more, as global engagement fosters innovation and productivity growth. By Matthew J. Slaughter (The Wall Street Journal): The government’s employment report for...
View ArticleThe Path to Jobs and Prosperity: Tax Reform
By Claire Buchan Parker (Roll Call): As President Barack Obama prepares to deliver his State of the Union address this week, the focus will no doubt be about generating more economic opportunity for...
View ArticleLIFT America Statement in Response to President Obama’s State of the Union...
Washington, D.C. - Today, LIFT America Coalition Spokeswoman, Claire Buchan Parker, issued the following statement in response to President Obama’s State of the Union remarks on business tax reform -...
View ArticleThe U.S. Corporate Effective Tax Rate: Myth and the Fact
By Jack Mintz, Duanjie Chen (Tax Foundation): Key Points The marginal effective tax rate (METR) on corporate investment (i.e., the tax impact on capital investment as a portion of the cost of capital)...
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