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.
Four Reasons Why Toyota Will Be Looking at California In Its Rearview Mirror
Toyota’s abandoning high-tax California for a business-friendly, low-tax state—as more and more companies and individuals in blue states are doing—makes good economic and political sense.
Justice Scalia Gets It Wrong: Millennials Should Have Already Revolted
Given how much younger workers have to pay in taxes and how little they can expect to get back, the real question is why they didn’t revolt years ago.
Deja 2000: Has the U.S. Been in a Technology Bubble That Just Burst?
The tech bubble of the late 1990s was fueled by an economy that embraced the optimism, so both fell hard and at the same time. The recent tech-stock sell off never got widespread economy buy-in because it's still struggling under President Obama's economic policies. That means the tech sell off is probably more a correction than a bubble that just burst.
The Impact of Tax Reform on Middle Market Business
In a survey, 63 percent said that corporate tax issues were highly or somewhat challenging. It's easy to see why tax reform is crucial to the middle market's fortunes.
A Tax Code Lacking Common Sense
Extend, Then Reform
Pass the tax extenders and then let's get serious about fundamental tax reform.
Playing To Win or Playing Not To Lose?
The GOP was handed an opportunity in the form of Congressman Camp’s tax reform proposal. But since its introduction the impulse to simply play to not lose has taken over many in the GOP.
Keep the Web Free of New Taxes and Regulations
Governments at the state, federal and global levels must recognize a decentralized and self-governed Internet is the best way to encourage more innovation and opportunity on the Web.
A Tax Code for the 6 Percent
Rasmussen recently released a survey revealing that a mere 6 percent of those surveyed thought the U.S. has the best tax system in the world. They are wrong.
At Long Last, Talking About Fundamental Tax Reform
We’re long overdue to be talking about fundamental tax reform. Congressional leadership and President Obama should get on-board.
Total Records: 646
