March 13, 2017

Scranton Times-Tribune: Tax Season Just for Some

media mention

A new study by the Institute on Taxation and Economic Policy demonstrates that any reform must be in multiple directions, rather than in just reducing rates at the top.

President Donald Trump and others often lament that the top corporate tax rate is too high at 35 percent. But the study found that massive tax breaks devised specifically for special interests reduce the effective rate, an average of what corporations actually pay, to about 21 percent. Read more