Increase Competitiveness and Progressivity by Taxing Individuals Instead of Corporations

Joe Kennedy December 17, 2015
December 17, 2015

A recent proposal by two noted tax experts promises to lower the federal corporate tax rate to 15 percent, writes Joe Kennedy in Innovation Files. Much of the revenue loss would be made up by eliminating lower individual taxes on capital gains and dividends. The proposal solves many of the political problems plaguing corporate tax reform and deserves serious consideration.