How might corporate income tax be changed?

This is what is circulating in the House, Trump and the Senate have yet to influence it directly:

KEY DIFFERENCES BETWEEN CURRENT U.S. CORPORATE TAXES AND HOUSE GOP PROPOSAL

Corporate Tax Rate:
Current: 35%
Proposal: 20%

Capital Expenses:
Current: Depreciated over time
Proposal: Deducted immediately

Interest Expenses:
Current: Deductible.
Proposal: Net interest expense not deductible

Basis for Location of Taxation:
Current: Profits
Proposal: Sales

Taxation of Foreign Profits:
Current: Pay foreign tax, pay U.S. tax upon repatriation, minus foreign tax credits
Proposal: Generally repatriated without U.S. taxes, after one-time transition tax

Border Adjustments:
Current: None
Proposal: Tax applied to imports, removed from exports

There is more at the WSJ link, a very clear and useful piece by Richard Rubin.  Do note that a stronger dollar — which we already see — will undo some of this effort to put American exports on a stronger footing.  And deducting capital expenses immediately seems like an attempt to goose up the current economy in an unwise and unsustainable fashion.  The lower corporate tax rate is a good idea.  What are your opinions on these changes?

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