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Testimony: Chad Stone, Chief Economist, at Hearing on “Could Tax Reform Boost Business Investment and Job Creation”
November 17, 2011
Chairman Casey, Vice Chairman Brady, and other members of the Committee, thank you for the opportunity to testify before this committee, which has been special to me since I first worked on the JEC staff in 1989. In my testimony, I want to make one overarching point about the question raised by the title of this hearing, …
Video: A Discussion with Jared Bernstein and Chuck Marr on Tax Repatriation
October 20, 2011
Congress is considering a temporary "repatriation tax holiday" that would allow corporations to bring their overseas profits back to the United States at a fraction of the normal corporate tax rate. Proponents claim that corporations would then invest these earnings in the United States, but the evidence shows that a tax holiday would fail to boost the economy while increasing deficits and encouraging companies to locate jobs and future investments overseas.
In this video, Jared Bernstein and Chuck Marr discuss the proposal and its likely harmful impact.
Testimony: Aviva Aron-Dine on the Distribution of Tax Burdens and the Fairness of the Tax System
May 3, 2011