Pros And Cons Of The Federal Estate Tax

Some good arguments in support for estate tax going all the way back to Teddy Roosevelt thought that estate tax was a good method of taxation for creating revenue and equality. The opponents argue that this is money that has been taxed before and hurts business!

Some Pass-Through Businesses are Significant Employers

In the United States, most businesses are not C corporations. 95 percent of businesses are what are called pass-through businesses. These businesses are called pass-throughs because their income is passed directly to their owners, who then need to pay individual income taxes on it. Contrast this with C corporations that need to pay the corporate income tax on its income before it passes its earnings to its owners. Combined, pass-through businesses employ 55 percent of all private-sector workers and pay nearly 40 percent of all private-sector payroll.

What America’s 25 Most Profitable Companies Pay In Taxes

Taxes, fees, tarrifs, tolls, levies, bribes, tithes, tributes. Whatever we called them, taxes have been an unfortunate reality of life ever since the biggest monkey decided he wanted a piece of the smaller monkeys’ lunch. From that earliest protection racket, taxes have only gotten more codified and

Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said tax rules that are especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an  equivalent amount of taxable income over an 18-year period.

Why the Trump Team’s Economic Promises Will Be Hard to Execute

Basically what is being promised by the Trump team doesn't match the plan unveiled in September. Economist are not clear of the effects. They claim that cutting corporate taxes will bring back jobs but experts can not reach the same conclusion when they run the numbers