It’s not a joke. This Sunday, April 1st the United States will become the developed country with the highest statutory corporate tax rate. Japan, the previous ‘champion,’ is set to lower their rates leaving America in the top spot.
The following American Enterprise Institute (AEI) tax experts have written on the economic impact of high corporate taxation and are available to comment:
- Kevin Hassett is AEI’s director of economic policy studies and is a former senior economist at the Federal Reserve and has served as a policy consultant to the Treasury Department and adviser to the presidential campaigns of John McCain (2000, 2008) and George W. Bush (2004). With Aparna Mathur, he previously wrote a report card on the US place in effective and statutory corporate tax rankings—even before this recent development, the United States got an ‘F.’ Hassett is available for interviews and can be reached at [email protected] or though [email protected]
- Aparna Mathur is an economist who researches taxes and wages and has served as a consultant to the World Bank. In a recent piece on American.com, AEI’s online journal, she explained that higher corporate taxes hurt middle class workers by depressing wages and reducing job opportunities. Mathur is available for interviews and can be reached at [email protected]
- Alex Brill is an AEI economist who previously served as the policy director and top economist for the House Ways and Means Committee, and on the staff of the President’s Council of Economic Advisers. He is the author of a pro-growth, progressive, and practical corporate tax reform plan. Brill is available for interviews and can be reached at [email protected]
- Alan Viard is an AEI economist and a former senior economist at the Federal Reserve Bank of Dallas who has worked for the Treasury Department’s Office of Tax Analysis, the White House’s Council of Economic Advisers, and the Joint Committee on Taxation. In a piece for the Blue Dog Research Forum, he explained how the current US system for international taxation American companies to ship jobs overseas. Viard is available for interviews and can be reached at [email protected]
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