Professor Reuven S. Avi-Yonah just lately printed an opinion in CNN Enterprise. Right here, I respectfully reply to a number of claims in that article.
Declare: “Company America has perfected the artwork of dodging the taxes that everybody else pays.”
Response: Sixty-one p.c of particular person taxpayers paid no federal earnings taxes in 2020. Even in non-pandemic years, this worth is commonly in extra of fifty p.c. There are extra particular person non-payers than company non-payers. Additional, the loss from company tax evasion is far smaller than from people.
Learn the remaining right here. (paygated till Jan 17, 2022).
Footnotes
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