Obama's Rate Cut: How Low Can You Go?

President Obama's newly released 'framework' for corporate tax reform envisions a significant rate cut for U.S. firms. You can read the details at the President's Framework for Business Tax Reform . His basic idea is to lower the statutory rate from 35% to 28%. He's vague on the details...

Obama's Corporate Minimum Tax

President Obama has given us his framework for corporate tax reform . There's much talk about his proposed minimum tax on offshore profits. The framework is thin on details, but we're able to provide the following preview of how the tax might operate. The minimum tax would take the form of...

A Benchmark for Socialist Tax Rates

You've heard it a thousand times. President Obama wants to continue the Bush-era tax cuts for households with taxable incomes under $250,000 a year, while allowing those cuts to expire for wealthier taxpayers. Were that to occur, the 33% bracket would increase to 36%, and the 35% bracket (currently...