Found 25 article(s) for author 'Robert Pozen'

The 529 College Savings Plan Needs an Update

The 529 College Savings Plan Needs an Update. Robert Pozen, March 12, 2013, Opinion. “In this economy, a college education is more important than ever: The unemployment rate for college graduates is 3.8 percent, compared to 7.8 percent for everyone else. Yet, the exploding costs of education are causing some students to graduate with heavy debt burdens…” Link verified March 28, 2014

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US tax reform: Reducing the tax code’s bias for debt

US tax reform: Reducing the tax code’s bias for debt. Robert Pozen, February 18, 2013, Opinion. “To begin with, let me summarise the specifics of my proposal, which I detailed in Tax Notes. My proposal would reduce the US corporate tax rate from 35% to 25%. I would finance such a rate reduction by limiting deductions for the gross interest expense of corporations (I call this provision the “interest cap”)…” Link verified March 28, 2014

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A Win-Win: Compromise on Foreign Profits

A Win-Win: Compromise on Foreign Profits. Robert Pozen, February 7, 2013, Opinion. “In last year’s State of the Union, President Obama argued in favor of reforming how the U.S. taxes the foreign profits of U.S. corporations: “From now on, every multinational company should have to pay a basic minimum tax.” While an international minimum tax is a sound idea, it should be part of a broader effort to fix our dysfunctional system for taxing foreign profits…..” Link verified March 28, 2014

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35% Is Way Too High For Corporate Taxes

35% Is Way Too High For Corporate Taxes. Robert Pozen, January 29, 2013, Opinion. “If there’s one policy agreement between Republicans and Democrats, it’s that the 35% corporate tax rate in the United States should be reduced to 28% or 25%. The current rate, highest in the advanced industrial world, disincentivizes investment and encourages corporations to relocate overseas…”  Link

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How to slash the US corporate tax rate

How to slash the US corporate tax rate. Robert Pozen, January 20, 2013, Opinion. “Both Republicans and Democrats agree that the 35 per cent corporate tax rate in the US is too high. Yet discussions over the corporate tax fizzled out during the recent fiscal cliff negotiations, partially because of the budgetary maths. Neither party has identified enough revenue increases to offset the $1.2tn cost over 10 years of lowering the corporate tax rate to a more reasonable 25 per cent…” Link verified March 28, 2014

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