Should-Read: Greg Leiserson: The Unified Framework is a proposal for two new wasteful tax expenditures: “Unified Framework’s core proposal: preferential rates for business income… …https://equitablegrowth.org/research-analysis/the-unified-framework-is-a-proposal-for-two-new-wasteful-tax-expenditures/ Both comprehensive (integrated) income tax and consumption tax apply same rate to business and non-business income. Widely understood that preferential pass-through rate is a preference; same is true for sharply … Continue reading Should-Read: Greg Leiserson: The Unified Framework is a proposal for two new wasteful tax expenditures