Tag Archives: taxes

Kristin Forbes among five leaders sharing ideas for creating jobs and reforming taxes

From the Boston Globe My top priority if I was in charge: fundamental tax reform for individuals as well as consumers. Get rid of all the numerous deductions, exemptions, and special deals so that you could dramatically lower marginal tax rates while raising as much (if not more) money. This would make our economy more […]

U.S. corporate taxes: A strong incentive to move overseas

When a U.S. company owns a subsidiary overseas, it has a big decision to make when it comes to the earnings of that subsidiary. Does it send the money back to the parent company in the U.S. and pay U.S. corporate taxes or does it avoid the U.S. tax by permanently reinvesting the money abroad? […]