Integrating Business and Personal Income Taxes
Edmund Burke’s comment rings no less true today than it did in 1774. One need only observe political candidates’ perennial attempts to tar their opponents with the “tax and spend” brush to know that Burke had gotten it right more than two centuries ago.
The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.
This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International
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