Center for American Progress

Businesses should pay their fair share after tax reform
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Businesses should pay their fair share after tax reform

Author Harry Stein argues that at a time when families in the United States are struggling, business tax reform should require corporations to make a greater contribution.

Sixty-nine percent of Americans say corporations pay too little in taxes, according to a 2015 Gallup poll. But inside Washington, the conversation about reforming business taxes seems to focus on cutting the corporate tax rate as much as possible, rather than ensuring that corporations pay their fair share in a smart, sensible way. If business tax reform reduces tax breaks for corporations, many politicians want to give all of the resulting tax revenue back to corporations in the form of a lower tax rate.

The above excerpt was originally published in MarketWatch. Click here to view the full article.

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Harry Stein

Director, Fiscal Policy