August 16. 2013

Inside Tax Reform – Why Corporate Reform Should be Revenue Neutral

By ACT Staff Corporate tax rates are falling around the globe.  Hybrid international tax systems are becoming the global norm.  The U.S. is among the last of the OECD countries to reform old tax rules that were developed early in the twentieth century before innovations in commerce, communication, and transportation created a truly global economy. Comprehensive tax reform that cuts tax Read more »

August 08. 2013

Tax reform would fuel U.S. economy

By Douglas Holtz-Eakin The following opinion piece was printed in POLITICO on July 31, 2013 Momentum is building for tax reform — and with good reason. America’s broken tax system was last reformed in 1986, and the global marketplace is moving much faster than a once-a-generation pace. The current rules were fine when U.S. exports dominated a global economy crushed by two world wars, Read more »

August 06. 2013

Financial Times: Think-tank urges US to switch to ‘territorial’ tax system

By James Politi US companies would repatriate as much as $1.6tn – or the bulk of the cash they have stashed overseas – if America overhauls the treatment of international earnings in a sweeping reform of the corporate tax code, a Republican-leaning think-tank said on Tuesday. The American Action Forum – led by Doug Holtz-Eakin, a former director of the Congressional Budget Office Read more »