A central feature of former Vice President and Democratic presidential candidate Joe Biden’s tax plan is a new 15 percent minimum tax on corporations. The minimum tax would be based on financial “book ...
On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA, P.L. 117-169) into law, which included a new 15 percent minimum tax on large corporations. The minimum tax is based on ...
Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...
Democrats have proposed a minimum tax on income that well-off corporations report to investors in order to help fund President Biden's sweeping tax and spending package. The proposed minimum book tax ...
While Republicans and Democrats may disagree on the best tax policies to create high-paying U.S. jobs and lasting economic growth, some are so bad that they transcend partisan politics. Democrats’ ...
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