Can Tax on U.S. Corporate Stock Be Changed?
Posted: Wed Jun 22, 2016 9:57 am
This article was written by Dr. Alexander Ribalov and Emmanuel Shirbint.
Over last year’s there was a lot of talk to change the tax rate on corporations – either to make the rich pay their fair share, or to make corporate tax competitive with other developed countries. Both approaches assume that most of the corporate stock is owned by American households and is subject to taxation.
These approaches are based on reports of the Federal Reserve that households own most of the value of the ... (read more)