Setting The Record Straight On Interest Deductibility And Nonfinancial Leverage

wrote this on There are no comments

Businesses use credit to grow, manage payroll, and make job-creating investments. It’s fundamental to business. However, proponents of a new tax targeting interest on debt have often argued that interest deductibility distorts incentives, which might lead to too much credit in the economy. While this new tax will raise costs for businesses onnew investments, correcting..

Pennsylvania needs real tax reform focused on economic growth

wrote this on There are no comments

Published in The Philadelphia Business Journal, August 2, 2013, Pennsylvania needs real tax reform focused on economic growth By Matt McDonald, Treasurer of the BUILD Coalition See original post here. When considering tax reform, business owners think about simplification — clearing the underbrush that has grown since the last overhaul in 1986. It’s no secret..

Interest Deductibility: A Building Block for Growth – VIDEO

wrote this on There are no comments

Interest Deductibility: A Building Block for Growth from BUILD Coalition on Vimeo. As Congress begins to ramp up its efforts to reform the tax code, it is important that policymakers understand that any call to limit interest deductibility should be a non-starter in the discussion. Watch the video above to learn more about how important..