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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 847 |
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to reform and reduce taxes on businesses. A majority of recent economic and job growth in the U.S. is a result of increased demand and expansion by the business sector. Suggestions include reducing the capital gains tax, reducing the tax on dividend income, removing competitive tax disadvantages experienced by U...
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multinational corporations, and enacting enhanced tax-deferred savings vehicles. Other suggestions for reform include repealing the tax-withholding requirement on all government payments, and advanced simplification of the Internal Revenue Code. The major reform to undertake includes broadening and simplifying the tax base by turning almost all itemized deductions into 15 percent credits against taxes...
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