Back to Search
Start Over
Corporate Tax Reform: Tax on Corporations as a Revenue Source.
- Source :
-
Congressional Digest . Jan2018, Vol. 97 Issue 1, p5-5. 1p. - Publication Year :
- 2018
-
Abstract
- The article discusses corporate tax reform in the U.S. It states that corporate tax is the third-largest Federal revenue source, lagging behind the individual income tax, and mentions that most of historical decline in the tax was caused by legislated reductions in the corporate effective tax rate on the return to new investment. It notes that large fraction of the decline in corporate tax revenues is associated with changes in rates, and depreciation.
- Subjects :
- *TAXATION
*GOVERNMENT revenue
*RATE of return
*INTEREST rates
UNITED States tax laws
Subjects
Details
- Language :
- English
- ISSN :
- 00105899
- Volume :
- 97
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Congressional Digest
- Publication Type :
- Periodical
- Accession number :
- 127021397