000			02174nab a2200265 c 4500
999			_c142444 _d142444
003			ES-MaIEF
005			20200826124954.0
007			ta
008			200826t2020 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_968196 _aFox, Edward
245		2	_aA case for higher corporate tax rates _c by Edward Fox and Zachary Liscow
260			_c2020
500			_aDisponible también en formato electrónico.
500			_aResumen.
520			_aIn this article, the authors argue that while conventional wisdom holds that we should lower taxes on corporations because of international competition, two recent changes militate in favour of higher corporate taxes, which would close the deficit, fund social programs, and reduce inequality. First, changes in tax law have increasingly targeted the corporate tax at economic rents, the supersized returns that businesses receive when they enjoy advantages like market power. Because taxing rents is progressive and does little to harm economic activity, a higher rate is justified. Second, shifts in the U.S. economy have allowed companies to earn more economic rents, increasing the revenue a tax on rents could raise and increasing the appeal of the tax as a deterrent to harmful behaviour like lobbying government officials to get or maintain market power. Although the authors cannot say exactly what the corporate rate should be, principally because the international dimension remains so important, they offer reasons to favour a higher rate and describe reforms that could help ease the adoption of higher, but still efficient, taxes on corporate returns. They suggest that at a minimum, proponents of lower corporate tax rates present an incomplete picture and that the "lower corporate tax rates" conclusion is a non-obvious one.
650		4	_965638 _aGRANDES EMPRESAS
650			_aIMPUESTOS _967999
650		4	_954834 _aINCREMENTO
650		4	_948570 _aTIPOS DE GRAVAMEN
700	1		_968197 _aLiscow, Zachary
773	0		_9162481 _oOP 138-Bis/2020/98/12 _tTax Notes International _w(IEF)124525 _x 1048-3306 _gv. 98, n. 12, June 22, 2020, p. 1369-1386
942			_cART