Issue Brief: Taxes

Issue BriefOct 16, 2017 - 4:00pm

Tax Reform and Economic Growth

Comprehensive tax reform rests foremost on two pillars: middle class tax cuts and reforms to induce stronger economic growth. Even if the reported estimates are high by a factor of 2, they still suggest about a 5 percentage increase in GDP from reform conforming to the essentials of the framework.

Issue BriefMar 03, 2017 - 5:00pm

Principles For Tax Reform

Tax reform legislation should lower the corporate tax rate to a level that will enable U.S. businesses to compete successfully in the global economy, attract foreign investment to the United States, increase capital for investment, and drive job creation in the United States. Congress should consider the impact of a corporate rate reduction on passthrough entities.