Corporate tax reform is in the air. Competitive pressures from globalization as well as
skyrocketing budget deficits are forcing lawmakers to rethink how America's largest businesses
are taxed. Some want to close loopholes. Others want to end all U.S. tax on foreign profits.
Some want to lower rates while still others want to abolish the corporate tax altogether and
replace it with an entirely new system. Unlike many other books on tax policy Corporate Tax
Reform: Taxing Profits in the 21st Century is not selling an idea or approaching the issue from
a particular political slant. It boils down the complexity of corporate taxation into simple
language so readers can make up their own minds about the future of this controversial tax. For
too long the issue of corporate tax reform has been the exclusive domain of lawyers and
economists who devote their entire adult lives to studying the tax. Corporate Tax Reform:
Taxing Profits in the 21st Century opens the door on these issues to all concerned citizens by
providing a compact guide to the economics and politics of the current debate on corporate tax
reform. Provides an overview of the corporate tax and the possibilities for reform Discusses
the impact on businesspeople and individual taxpayers Boils down complex tax concepts boiled
into simple language Spurs lively discussion of the political issues without political bias
Includes a discussion of ideas for revamping taxes for individuals since the corporate and
individual tax codes are interrelated
