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The former Treasury secretary sees rates headed higher in the short run, and U.S. taxes rising significantly in the longer run.
May 31 -
State treasuries are attempting to stack the deck in their favor in order to remain in the black.
April 20Stout -
The 15% minimum tax on multinationals aims to deter them from moving their profits to low-tax countries,
February 3 -
Senate Democrats plan their own political counter-programming to House Republicans' threats of wide-ranging probes, taking on issues like corporate tax avoidance and union-busting.
January 25 -
The African giant says the deal is skewed to the interests of rich nations and could actually hurt the country's tax revenues.
January 20 -
The world's governments stand to increase their tax revenues by about $250 billion a year by rewriting the rules for multinationals, according tothe OECD.
January 19 -
The average effective tax rate of profitable large corporations fell from 16% in 2014 to 9% in 2018 after passage of the Tax Cuts and Jobs Act of 2017.
January 13 -
The long-term decline in the number of Fortune Global 500 companies headquartered in the U.S. occurred amid a trend of lower statutory corporate income tax rates outside the U.S.
December 20EY US -
According to data released by the OECD, the average combined statutory tax rate in its sample of over 160 countries was unchanged at 20% this year.
November 18 -
The Internal Revenue Service has raised tax brackets and the standard deduction by about 7% for 2023 as the soaring cost of food, energy and housing continues to batter Americans.
October 21