Tag Archives: corporate taxes

Fair Tax Act Introduced

Fifty-four House Republicans on Thursday reintroduced legislation that would terminate the IRS and replace the system of income taxes on people and corporations with a consumption tax. The FairTax Act, from Rep. Rob Woodall (R-Ga.), would abolish the 16th Amendment, … Continue reading

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Can GE or Apple Create More Jobs By Paying Higher Taxes?

According to the Wall Street Journal, Apple (neĆ© Apple Computer) “is the most valuable company” in the world. On the heels of its quarterly report last week, stock in Apple reached nearly $620 per share before settling back to end … Continue reading

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