Corporate Tax Incentives Not as Costly as Opponents Claim
August 02, 2010
August 02, 2010
WASHINGTON, Aug. 2 -- The Tax Foundation issued the following news release:
A new Tax Foundation report shows that the tax preferences available to corporations are not as generous as political rhetoric makes them seem, nor do they have a major impact on reducing the effective tax rate or overall amount of income taxes corporations pay.
"The budgetary cost of popular tax preferences available to individuals--such as the mortgage interest deduction, exclusion fo . . .
A new Tax Foundation report shows that the tax preferences available to corporations are not as generous as political rhetoric makes them seem, nor do they have a major impact on reducing the effective tax rate or overall amount of income taxes corporations pay.
"The budgetary cost of popular tax preferences available to individuals--such as the mortgage interest deduction, exclusion fo . . .