Taxing Carried Interest Just Right

October 07, 2016

The bottom line is that full reform would tax carried interest just right, says Donald Marron. Hillary Clinton and Donald Trump agree on one thing: Managers of private equity funds should pay ordinary tax rates on their carried interest, not the lower rates that apply to long-term capital gains...

Corporate Tax Avoidance: Can the System Be Fixed?

July 14, 2013

Given its clear deficiencies, many agree the current US tax system is broken. In a confrontation that made headlines in May, the Senate Permanent Subcommittee on Investigations released a report claiming that Cupertino, California-based tech giant Apple has been using a "complex web of...

Understanding President Obama’s Revenue Targets

November 17, 2012

President Obama and administration officials have offered two different revenue targets for the fiscal cliff debate: $1 trillion and $1.6 trillion (sometimes reported as $1.5 trillion). You might be wondering (Donald Marron was) where those numbers come from. The $1...