Thanks in part to the reduced cost of capital, business investmenthas grown in every quarter since the 2003 tax cut, but the average taxation of dividends will become 28 percent if JGTRRA provisionsare allowed to expire. Extending the 2003 tax rates or making thempermanent would reinforce a central element of good economicpolicy: predictable and stable tax law.
Why the Inflation Reduction Act May Hurt Businesses upenn.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upenn.edu Daily Mail and Mail on Sunday newspapers.
The Taxation of Business Income in the Global Economy nber.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nber.org Daily Mail and Mail on Sunday newspapers.