Kevin Hassett and Aparna Mathur note that high corporate tax rates reduce U.S. competitiveness and help explain why U.S. companies are moving plants abroad.

The courts should generally defer to the legal interpretations set forth in IRS revenue rulings and revenue procedures.

The European Union (EU) has announced plans to levy a tax on airline emissions for all planes landing and taking off from EU airports. This tax would be calculated not only based on mileage flown in EU airspace but also for the entire length of the flight (thus, Chinese and Japanese airlines would be taxed for an entire journey from Beijing or Tokyo).

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

The environmental effects of cap and trade with free allocation are similar to those of a carbon tax or a cap-and-trade program with auction of allowances. Unfortunately, the economic consequences are much less benign.

The fundamental reason for the spread of the alternative minimum tax is that the exemption amount has never been indexed to inflation

Ominously labeled "Taxmageddon," a host of tax policy changes are set to occur at year-end, and there truly is much at stake: $3.67 trillion of additional tax revenue over 10 years from the Bush tax cuts alone.

ALaffer curve has existed in the international corporate tax sphere since the 1980s.