Issue Brief: Taxes

Issue BriefJul 16, 2019 - 5:00pm

Ursula von der Leyen Elected President of European Commission

What happened?Today, the European Parliament narrowly approved German Defense Minister Ursula von der Leyen as the European Commission’s first female president. The vote was 383-327, meaning von der Leyen barely exceeded the threshold of 374 votes needed to win. Her narrow victory will hamper her ability to command a broad majority in favor of her policy agenda.

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.