In recent weeks, the issue of tax avoidance has surged into the United States presidential election. It gained momentum Sept. 26 during the first presidential debate when Republican candidate Donald Trump said that not paying federal income taxes made him “smart.” It moved to the forefront Oct. 1 with the revelation by the New York Times that Trump had declared a $916 million … [Read more...] about Is Being ‘Smart’ About Taxes Contagious?
#Taxes
Explaining Changes in Tax Burdens in Latin America
Most Latin American countries have more than enough infrastructure needs and social service demands to justify raising taxes. Still, on average, tax revenues in Latin America are below their potential. Fiscal woes are not unique to the region. The U.S. is also in need of major infrastructure and social investments and the discussion has focused on cutting rather than raising … [Read more...] about Explaining Changes in Tax Burdens in Latin America