The Real (and Imagined) Problems with the U.S. Corporate Tax Code
Harvard Business Review
DECEMBER 6, 2016
companies don’t pay taxes on debt-financed investments, which amounts to a subsidy. After-tax profits are at historically high levels; they were more than 50% higher as a share of GDP in the years 2010-2015 than they were over the prior 20 years. collects less corporate tax revenue than peer countries, by about 1% of GDP.
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