Apr 26, 2017

Trump's corporate tax cut compared to other countries

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Warren on economists criticizing her wealth tax: "They're just wrong"

Sen. Elizabeth Warren said at the Democratic debate Thursday that economists who claim her wealth tax proposal would stifle growth and investment are "just wrong."

Why it matters: Warren's riff on the wealth tax, in which she emphasized how "a two cent tax" on fortunes of $50 million and above, has become a core part of her stump speech.

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Keep ReadingArrowDec 20, 2019

Company tax incentives don't spur economic growth

Illustration: Sarah Grillo/Axios

More than two years after Amazon announced its search for a second headquarters and cities around the U.S. bent over backwards to offer the megacompany as much free cash and incentives as they could, new research confirms what economists have been saying for years: Such programs are a waste of money.

Driving the news: A paper from researchers at Princeton and Columbia Business School found "no evidence" that business tax incentives given to individual companies increased broader economic growth at the state and local level.

Go deeperArrowJan 7, 2020

French authorities can now comb social media to find tax cheats

Illustration: Rebecca Zisser/Axios Visuals

French authorities have three years to test a new law allowing them to comb social media posts and find evidence of tax fraud or evasion, Bloomberg Tax reports.

Catch up quick: All personal data mined under the law must be public by the user and not password protected, per Bloomberg, and authorities cannot look for evidence that taxpayers have been warned for not filing a tax return.

Go deeperArrowDec 28, 2019