For all intents and purposes, the top income tax rate IS the small business tax rate in America today.
FORBES: President Obama's Tax Proposal And The Fate Of The Small Business Owner
We should restore America's competitiveness in the world by reducing the federal business tax rate to match Ireland's 12.5 percent rate, which proved highly successful in promoting a boom in jobs and wages.
The only way to achieve a major shift in the balance of funding is to supplement a reformed council tax with either a re-localised business rate or a local income tax - or a combination of both.
BBC: NEWS | UK | UK Election 2005 | Council tax review - key findings
Its corporate-tax rate is falling and its business-tax collections are rising.
Now, he plans to reduce the tax rate for business assets more sharply.
In addition, Bill and Maya would eliminate special interest business subsidies and cut the corporate tax rate.
What's wrong with this picture--where a business gets clobbered with a high tax rate but then gets a reprieve in an "economic development" program?
Manufacturers and small business groups argue that sole proprietors and individuals who organize their companies as partnerships or S-Corps. would be disproportionately affected because these business owners pay tax at the individual rate.
Business groups say that lowering the corporate tax rate is a good step to reaching this goal.
For many of these small business owners, the maximum individual income tax rate will rise from 35% to 39.6% around 2013, says BDO.
For example, the Dallas Business Journal reported that the top effective tax rate on capital gains will rise in 2013 from 15% to 25%.
In addition, American business currently suffers virtually the highest corporate tax rate in the industrialized world at nearly 40%, counting state corporate rates on average.
Business leaders are funding a campaign against the tax rate of 50p in the pound.
For example, the tax rate on ICT (and business in general) in the U.S. is considered high compared to other countries.
FORBES: Why The U.S. Still Ranks Fifth In 'Networked Readiness' Globally
Mr Osborne said pension, education and welfare reform was helping to make the UK a more competitive economy, while cuts to corporation tax and higher-rate tax were making the country a more attractive place to do business.
Interest rate risk, tax risk, business risk, purchasing power risk are all types of risk.
According to IRS data, a clear majority of all small business profits face taxation at this top marginal income tax rate.
FORBES: President Obama's Tax Proposal And The Fate Of The Small Business Owner
That and the president's tax policies give the moneyed class some disquiet. (The corporate rate is 38.5%, the highest personal income tax rate 35%.) But business owners are counting their blessings.
Second, is there a new rule of good corporate citizenship that any business or business person should pay the highest prevailing rate of tax possible, even if there is an easy and legal way of paying less tax?
"We're in the middle of a well-trailed programme for reducing the rate of corporation tax while other business taxes such as NI and VAT have risen, " Andrew Bonfield, chairman of the tax committee of the Hundred Group said in a statement.
Two-thirds of those hit with the new 11% tax rate are small and medium-sized business owners.
More than 500 business leaders have called for the 50p top rate of tax to be scrapped in next month's Budget.
"Britain will have a 20% rate of corporation tax - the lowest business tax of any major economy in the world, " said Mr Osborne.
They may also look at what's happening to Ireland, often held out as the erstwhile Celtic Tiger example of business tax cuts - down to 12.5% headline rate - leading to increased revenue and booming growth rates.
Our own Steve Forbes has argued that one way to clean up the tax code and expose hidden taxes is through the adoption of a federal "flat" tax, a single rate for individuals and business that would eliminate most of the deductions and exemptions now in place.
Named after Warren Buffett, the eponymous piece of proposed tax legislation was born out of comments made by the billionaire business magnate bemoaning the fact that his secretary paid a higher tax rate than he did.
Currently another dollar earned by small business owners is earned at a marginal rate of 35% federal tax and a much higher total rate.
FORBES: Lower Taxes, Fewer Deductions: Are Romney and Ryan Dodging the Specifics?
Punishing small-business owners with punitive tax legislation such as this will only increase the unemployment rate and extend the recession.
CNN: Commentary: Obama's first 200 days a reckless experiment
In a little-known provision of the Act, Congress extended the effective tax rate of zero percent on the sale of qualified small business stock (Section 1202 stock).
FORBES: A Pullback Is Coming But Here Are 8 Reasons To Stay In The Market
Cyprus had become the main conduit for Russians doing business overseas over the past two decades because of its lower corporate-tax rate and the stronger legal protections offered by a European Union country.
应用推荐