Effective tax rates (ETRs) measure how much people pay in taxes as a percentage of their pretax incomes. That seems simple, but theres an important complication: there are different ways to measure how much someone pays in taxes and how much he collects in pretax income. Those choices matter a...
Political leaders and commentators frequently claim that the policies they favor will make the United States more competitive, without defining what competiveness between countries means. This paper defines competitiveness as a contest between nations for scarce and mobile resources and explores...
Over the past decade, three-fourths of corporate income tax liability was incurred by firms in four sectors: manufacturing, finance and insurance, wholesale and retail trade, and management of companies (holding companies). Manufacturing firms paid a significantly higher share of taxes than...
Corporate profits are taxed under both the corporate and individual income taxes. The total income tax rate on corporate profits therefore depends on the corporate rate and the individual rates on dividends and capital gains, as well as on the share of after-tax profits corporations pay as...
The increase in international capital mobility over the past two decades has put pressure on the tax treatment of corporate equity income.Corporate-level taxes distort investment flows across locations and create opportunities for tax avoidance by shifting income across jurisdictions. This paper...
Donald Marron's testimony before the U.S. House of Representatives Subcommittee on Select Revenue Measures, Committee on Ways and Means on tax policy and small business.
US Corporate Tax Rates Must Come Down
In a contribution to the Christian Science Monitor, Donald Marron discusses the U.S.'s controversial coporate income tax rates.
Can Tax Reform Save the Economy?
In a contribution to the International Economy magazine, Donald Marron offers his perspective on tax reform.
Measuring Effective Tax Rates
Effective tax rates (ETRs) measure how much people pay in taxes as a percentage of their pretax incomes. That seems simple, but theres an important complication: there are different ways to measure how much someone pays in taxes and how much he collects in pretax income. Those choices matter a...
International Competitiveness
Political leaders and commentators frequently claim that the policies they favor will make the United States more competitive, without defining what competiveness between countries means. This paper defines competitiveness as a contest between nations for scarce and mobile resources and explores...
Don't Fall For Corporate Repatriation
In a contribution to Politico, Bill Gale and Ben Harris discuss a tax holiday on repatriated funds.
Which Industries Pay Corporate Income Taxes?
Over the past decade, three-fourths of corporate income tax liability was incurred by firms in four sectors: manufacturing, finance and insurance, wholesale and retail trade, and management of companies (holding companies). Manufacturing firms paid a significantly higher share of taxes than...
Don't Fall For Corporate Repatriation
In a contribution to Politico, Bill Gale and Ben Harris discuss a tax holiday on repatriated funds.
The Top Total Income Tax Rate on Corporate Profits, 1913-2011
Corporate profits are taxed under both the corporate and individual income taxes. The total income tax rate on corporate profits therefore depends on the corporate rate and the individual rates on dividends and capital gains, as well as on the share of after-tax profits corporations pay as...
Capital Income Taxation and Progressivity in a Global Economy
The increase in international capital mobility over the past two decades has put pressure on the tax treatment of corporate equity income.Corporate-level taxes distort investment flows across locations and create opportunities for tax avoidance by shifting income across jurisdictions. This paper...
Tax Policy and Small Business
Donald Marron's testimony before the U.S. House of Representatives Subcommittee on Select Revenue Measures, Committee on Ways and Means on tax policy and small business.