Biden’s new tax proposal benefits renewable energy. But where tax credits are concerned, can individuals and companies that get those tax credits then use the capital to import green tech from China? What’s stopping them?
What’s in Biden’s corporate tax plan? The good news is that it looks like small and mid-sized businesses will be left unscathed.
Some are getting nervous about new tax hikes to corporate income. Sales Factor Apportionment makes it harder for big corporations to avoid taxes by establishing headquarters in fiscal paradises.