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Tax Reform

Wall street stocks

Corporate Profits and Taxes

bars icon Charts Corporate profits now constitute a record-breaking share of total national income, while corporate taxes contribute a declining share of total federal revenues.

By Harry Stein | Monday, September 15, 2014

electric car

Switching from a Gas Tax to a Mileage-Based User Fee

book_alt2 icon Report The insolvency of the Highway Trust Fund threatens federal transportation programs. Implementing a mileage fee would provide robust funding for decades to come.

By Kevin DeGood and Michael Madowitz | Friday, July 11, 2014

passports

Repatriation Holiday: It’s Time To Drop It For Good

A repatriation holiday would cost the United States billions of dollars and would not increase domestic investment.

By Alexandra Thornton | Monday, July 7, 2014

Carnegie's Skibo Castle

How the Government Subsidizes Wealth Inequality

article icon Issue Brief Wealth inequality has increased dramatically in recent years, and government subsidies for capital gains and dividends are only making the situation worse by helping the rich get richer.

By Harry Stein | Wednesday, June 25, 2014

Pfizer logo

Pfizer’s Tax-Dodging Bid for AstraZeneca Shows Need to Tighten U.S. Tax Rules

Pfizer’s attempt to move its headquarters out of the United States by acquiring the U.K.-based AstraZeneca corporation highlights why the United States must prevent these kinds of corporate inversions—and why corporate tax reform must not become a race to the bottom.

By Harry Stein | Tuesday, May 13, 2014

immigration, taxes

Top 5 Reasons Why Immigration Reform Means More Tax Revenues

Immigration reform would lead to significant increases in the country’s tax revenues.

By Patrick Oakford | Tuesday, April 15, 2014

Cayman Islands tax haven

Offshore Corporate Profits: The Only Thing ‘Trapped’ Is Tax Revenue

article icon Issue Brief Inducing multinational corporations to “repatriate” offshore profits will have little or no effect on the broader U.S. economy because, by and large, that money is already here. The problem with these accumulated corporate profits is not that they are “offshore”—it is that they are untaxed.

By Kitty Richards and John Craig | Thursday, January 9, 2014

The Impact of Redistributive Tax and Transfer Programs on Risk-Taking Behavior and Labor Mobility

book_alt2 icon Report A new CAP analysis explores the effects that redistributive tax and transfer programs have on Americans’ risk-taking behavior and labor mobility.

By Adriana Kugler | Wednesday, December 4, 2013

Priorities for Progressive, Pro-Growth Corporate Tax Reform

article icon Issue Brief A broad reform is needed to ensure that the corporate tax code enables, rather than impedes, our nation’s economic success.

Monday, June 17, 2013

Rep. Paul Ryan

Competing Approaches to Tax Reform

article icon Issue Brief President Obama’s balanced approach to tax reform, which eliminates unfair giveaways to the rich, stands in stark contrast to the House GOP’s proposed reforms that favor the wealthy and unfairly burdens poor and middle-class families.

By John Craig and Michael Linden | Monday, April 15, 2013

Instant tax refunds

Helping Working Families Build Wealth at Tax Time

article icon Issue Brief The federal government can and should support efforts to help Americans save their paychecks and refunds during tax season.

By Joe Valenti | Wednesday, February 27, 2013

Infographic: Tax Loopholes for Corporate Jets or Investments in Jobs and Education?

By eliminating a loophole that gives special treatment to corporate jets, Congress could avert cuts that would cost thousands of jobs, hurt millions of disadvantaged students, and force hundreds of thousands of vulnerable families to lose critical nutrition and housing supports this year.

By Melissa Boteach | Thursday, February 14, 2013

Donald Trump and Ivanka Trump

Loopholes in the Estate Tax Show Why Revenue Must Be on the Table

Before Congress sacrifices needed public investments or puts programs that serve middle-class families at risk in the name of deficit reduction, it should ensure that the estate tax is actually paid by the few wealthy estates still subject to it.

By Seth Hanlon and Sarah Ayres | Thursday, January 24, 2013

Sen. Carl Levin

Next Round of Deficit Reduction Must Tackle Hidden Spending in the Tax Code

article icon Issue Brief Reducing or reforming certain tax breaks for high-income individuals and corporations could raise $1 trillion in revenue over 10 years.

By Seth Hanlon | Tuesday, January 22, 2013

John Boehner and Mitch McConnell at a press conference

Congress Should Close the Carried Interest Loophole

Closing the carried interest loophole should be a part of any significant deficit-reduction or tax-reform effort.

By Seth Hanlon and Gadi Dechter | Tuesday, December 18, 2012

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