Chris Edwards
Chris Edwards
Chris Edwardsis an American former professional vert skater...
ProfessionOther
Date of Birth22 December 1973
average basis both businesses changes corporate dividends foreign higher income increase individual parts percent plan positive proposed rates reform regard simplified spur tax top treating
The Panel's income tax reform plan would make some positive changes such as eliminating the double-taxation of dividends and treating U.S. businesses on a territorial basis with regard to their foreign profits. Both of these changes would increase U.S. business competitiveness and spur investment. However, on both the individual and business parts of this simplified income tax, the proposed top tax rates were still too high. For example, the proposed 32 percent corporate rate would still be higher than the 28 percent average corporate tax rate in Europe.
future massive medicare problem security social spending
There's a massive build-up of future Social Security and Medicare spending that will explode, and this makes the problem much worse.