News
WSJ | The $2.4 Billion Tax Question for Caterpillar
Caterpillar Inc. has deferred or avoided paying $2.4 billion of U.S. taxes under a corporate restructuring 15 years ago that shifted most of the profits from overseas replacement-part sales to a Swiss subsidiary, according to a Senate subcommittee report.
Econ Comments & Analysis
Heritage Foundation | Tax Extenders an Opportunity to Improve the Tax Code
The tax extenders are a group of approximately 50 tax-reducing policies that expire regularly. Congress has traditionally extended them just as regularly as they expire.
Blogs
WSJ | Japan’s Firms Fret Over Tax Increase
As Japan raises its sales tax today to 8% from 5%, the big question is whether the economy is on a sufficiently upward trajectory to withstand a pullback in consumption.
