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Congressional Research Service Issues In Focus White Paper on Trends & Proposals for Corporate Tax Revenue
May 09, 2024
WASHINGTON, May 9 -- The Congressional Research Service issued the following In Focus white paper (No. IF11546) on May 8, 2024, by public finance specialist Donald J. Marples and economic policy senior specialist Jane G. Gravelle.

Here are excerpts:

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Trends and Proposals for Corporate Tax Revenue

U.S. corporate tax revenues have declined, relative to the size of the economy, since the mid-1960s. Corporate tax revenue as a percentage of gro . . .

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