CBO: Taxing Businesses Through the Individual Business Tax
The Congressional Budget Office released a report the shows how the proportion of firms organized as pass-through entities, and their share of business receipts, has substantially increased over the past couple of decades. These changes have had effects on federal revenues and have led the CBO to examine alternative approaches to taxing business profits.
See Congressional Budget Office, "Taxing Businesses Through the Individual Business Tax," (Dec. 2012).
Posted by Beth Tolentino, Associate Editor, Wealth Strategies Journal
Listed below are links to blogs that reference this entry: CBO: Taxing Businesses Through the Individual Business Tax.
TrackBack URL for this entry: