The Apple situation is not hard to explain, despite what many journalists seem to imply ( Read more... )

The Strib ran a commentary today from Kevin Hassett: the case for lowering the corporate tax. He argues, based on empirical studies done by himself and Alex Brill, that the U.S. would raise greater revenue with a somewhat lower corporate tax rate. (The beauty of such an empirical study is that, should a link be found, it relieves you of the ( Read more... )

The Republicans have informed us numerous times that letting a tax break expire is the same as raising taxes ( Read more... )

What makes

"Corporations don't really pay any taxes, they just pass the costs along to their customers and shareholders."

conventional wisdom, while the parallel formulation

"Individual wage-earners don't really pay any income taxes, they just pass the costs along to their employers in the form of higher salaries."

is obviously false?