Taxes directly affect Americans by compelling them to surrender part of their income to the government, and indirectly since the taxing power can positively or negatively affect economic growth.
In the U.S., our tax regimes are in serious need for reform, both at the state and federal level. Our tax code fails to sufficiently incentivize investment, the primary driver of economic growth. And it hobbles U.S. companies as they compete internationally.
IPI believes that the purpose of taxes is to raise the revenue necessary to fund the legitimate functions of government while imposing the least possible impact upon the functioning of the economy. We therefore believe that taxes should be simple, transparent, neutral, territorial and competitive.
Because of its tremendous potential to stimulate real long-term economic growth, tax reform should be a top priority of policymakers.
So That's What Happened to My Raise
Yes, wage compensation appears to have been stagnant for decades, but that's not the whole story.
With the EU Tax Grab, Apple Is Only the Beginning
The US government has an obligation to defend its domestic companies against this tax grab by the EU, and to reform our international and corporate tax.
Blame for Ford's Mexico Move Falls On Obama Administration
"By moving their small cars to Mexico, which has skilled but cheaper labor, Ford hopes to break even or make a little profit off of them” said Merrill Matthews.
Blame Government for Ford's Decision to Move Small Car Production to Mexico
When companies are confronted with politicians who impose onerous mandates and penalties as well as the highest corporate tax rate in the developed world something's got to give.
Don't Cry for 'Free' Argentina--It's Finally Doing Something Right
Leftists and unions are protesting against Argentina President Macri because he is cutting government jobs and scaling back government utility subsidies—both of which the U.S. should be doing also.
Shocker: Liberals Discover That Taxes Affect Human Behavior
Liberal nannies raised taxes on sugary drinks to reduce consumption, so why don't they realize that raising taxes on earnings, savings and investment will have a similar impact.
No Surprise in Return of Ballooning Federal Deficits
The sequester spending restraints, pared with reasonable economic growth, could have balanced the budget on autopilot.
Three Cheers for Donald Trump's Tax Plan
It would streamline the tax process and bring American businesses home.
No Regulation Without Representation
Rep. Sensenbrenner has introduced a bill that would address a long-standing issue about who should pay Internet sales taxes.under the Supreme Court's Quill decision.
Internet Sales Taxes and the Republican Platform
The Republican Party's platform has taken a strong stand against state efforts to tax internet sales across state lines, an important step given the lack of policy clarity coming from the party's presidential candidate.