Profits and Profit Tax, by the Numbers

Martin A. Sullivan

Chapter Chapter 2 in Corporate Tax Reform, 2011, pp 11-24 from Springer

Abstract: Abstract It is often said that the corporate tax is on the way out. How can it possibly survive? It is obsolete. Great leaps forward in globalization and financial innovation have made it difficult to justify and impossible to collect. Well, somebody ought to tell the folks over at the Treasury Department. Over the next decade the federal government plans to collect over $400 billion a year in corporation tax—about 10 percent of total federal revenue.

Keywords: Economic Profit; Financial Account Standard Board; Corporate Profit; Treasury Department; Leverage Buyout (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4302-3928-4_2

Ordering information: This item can be ordered from
http://www.springer.com/9781430239284

DOI: 10.1007/978-1-4302-3928-4_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().