TY - JOUR
T1 - "Corporate Welfare" Campaigns in North America
AU - Thomas, Kenneth P.
N1 - One important consequence of globalization has been the cumulative shifting of tax burdens from corporations to individuals. While this trend holds for the OECD as a whole, it is especially...
PY - 1997/3/1
Y1 - 1997/3/1
N2 - One important consequence of globalization has been the cumulative shifting of tax burdens from corporations to individuals. While this trend holds for the OECD as a whole, it is especially pronounced within the United States, where the corporate income tax share of total taxes (federal, state, local, and Social Security) fell from 21.51 per cent in 1955 to 7.87 per cent in 1993 (Webb, 1996, p. 8). An equally sharp drop occurred in Canada, with the corporate income tax share falling from 18.5 per cent in 1955 to 6.9 per cent in 1993.
AB - One important consequence of globalization has been the cumulative shifting of tax burdens from corporations to individuals. While this trend holds for the OECD as a whole, it is especially pronounced within the United States, where the corporate income tax share of total taxes (federal, state, local, and Social Security) fell from 21.51 per cent in 1955 to 7.87 per cent in 1993 (Webb, 1996, p. 8). An equally sharp drop occurred in Canada, with the corporate income tax share falling from 18.5 per cent in 1955 to 6.9 per cent in 1993.
UR - https://link.springer.com/chapter/10.1057%2F9780230519176_13
U2 - 10.1057/9780230519176_13
DO - 10.1057/9780230519176_13
M3 - Article
VL - 2
JO - New Political Economy
JF - New Political Economy
ER -