1+ hour, 19+ min ago  (265+ words) The U. S. corporate tax is at a crossroads. Originally designed as an income tax, it has been altered in several incremental steps'most recently, last year's tax law'that move it partway to a tax on business cash flows. The resulting hybrid has…...

2+ week, 4+ day ago  (178+ words) The United States collects'substantially less'revenue from corporations than it did several decades ago. These declines have contributed to rising deficits and to declining tax rates on capital income and on high-income Americans.'Reforming corporate taxation'is'a critical step toward'a progressive tax…...

1+ mon, 2+ week ago  (398+ words) The interactives in this piece illustrate how conclusions about real pay depend on the following three factors: the pay measures, inflations measures, and reference periods used. These are described more fully in our October 2023 analysis. Reference period: The choice of…...

11+ mon, 2+ week ago  (277+ words) In many ways, the COVID-19 pandemic recession was unique. While the depth of employment losses rivaled the Great Recession, the recovery was relatively quick. By mid-to-late 2023, key economic indicators like unemployment, employment, and labor force participation had largely recovered. At…...