March 2011 Archives

Congress Should End "Deferral" Rather than Adopt a "Territorial" Tax System

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Some corporate leaders are pushing Congress to adopt a "territorial" tax system, which would exempt the offshore profits of U.S. corporations. Congress should move in the opposite direction and adopt a "pure worldwide" tax system, which taxes all profits of U.S. corporations the same while providing a credit to avoid double-taxation.

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CTJ Op-Ed: Sorry, Newt. You Never Balanced the Budget

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An op-ed by CTJ director Bob McIntyre that ran in several McClatchy newspapers this week refutes Newt Gingrich's recent claim that the government shutdown of 1995 led to a balanced budget.

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CTJ Director Robert McIntyre's Testimony on Business Tax Subsidies

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Robert McIntyre, director of Citizens for Tax Justice, testified on March 9 before the Senate Budget Committee on tax subsidies for businesses. He explained that these tax breaks for business (1) are hugely expensive, (2) are often economically harmful, and (3) conflict with fundamental tax fairness.

Read the testimony.

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