David Morse published Tax Avoiders Should Not Get Bailout Money in Recent Research 2020-05-06 17:14:27 -0400
Editor's Note: David Morse is the tax policy director at the Coalition for a Prosperous America Education Fund.
Right now, Washington is preoccupied with efforts to support struggling U.S. businesses during the COVID-19 pandemic. Surprisingly, some companies that use tax havens to avoid paying U.S. taxes are trying to get their share of this relief aid from the U.S. government. America’s taxpayers would likely oppose the idea of giving bailouts to tax avoiders. They’d say that a company choosing to set up a tax haven in Bermuda should look to their tax domicile for a bailout, not the U.S. government.Read more
David Morse published CPA submits opinion to OECD Tax Committee in Recent Research 2019-11-13 10:43:04 -0500
The Organization for Economic Cooperation and Development (OECD) has proposed significant changes to the global tax system to combat profit shifting. The Coalition for a Prosperous America supports a much simpler, better, and fairer solution: Sales Factor Apportionment. The following submission was sent to the OECD on November 11th, 2019 to express our support and concerns for the OECD's first proposal on this issue. Multinational tax advantages must end to protect American domestic businesses.Read more
David Morse commented on Top 5 Tax Proposals by Democratic Candidates...and How They Affect Domestic Companies 2019-07-30 17:09:05 -0400Thank you for your interest in this topic. The media often mistakenly refers to a VAT as a “sales” tax. It’s a consumption tax. As a consumption tax, it is “border adjustable.” Border Adjustable means a tax on exports and a subsidy on imports. The US is the only developed nation without this kind of consumption tax, and it puts our domestic companies at a disadvantage in international trade. Please consider looking at our flyer on the subject:
We do advocate replacing other existing regressive taxes with the VAT income. Consider paying our Social security costs with a VAT (like Germany does). I hope you find this interesting. and feel free to ask further questions.