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USA TODAY NETWORK featured Lubin Professor Philip Cohen's piece "America needs respect for tax law and order. Here's why | Opinion"

10/15/2020 News Release Image

USA TODAY NETWORK featured Lubin Professor Philip Cohen's piece "America needs respect for tax law and order. Here's why | Opinion"

Philip G. Cohen is a retired vice president-tax and general tax counsel for Unilever United States, Inc. and is now a professor of Taxation at Pace University's Lubin School of Business. The views expressed herein are his own and don't necessarily represent those of any organization which he is or was associated.

Both President Donald J. Trump and Vice President Joe Biden have signaled federal income tax policy changes are on the table if elected president in November — and each offer markedly different plans.

Their proposals couldn’t be more polar. Trump, for example, has indicated that he would like the corporate tax rate to be even lower than the 21% rate currently in effect, having already been reduced as part of 2017 tax legislation from 35%. He also wants to make permanent taxpayer friendly changes for individuals made by that same 2017 law that are due to expire after 2025. Furthermore, he would like to reduce the tax rate for capital gains for individuals from a top rate of 20% to 15%. 

Given our ballooning budget deficit, these should be non-starters.

Biden’s tax wish list, on the other hand, includes seeking an increase to the corporate tax rate from 21% to 28%, implementing a minimum 15% tax based on global book income of $100 million or more, and enacting a 10% surtax on companies that send jobs overseas in order to sell products back to the U.S. He also aims to increase the federal income tax owed by individuals with taxable income above $400,000, as well as remove the tax rate preference for capital gains and qualified dividends for those taxpayers with taxable income above $1 million.  Some of these proposals merit consideration although Biden should focus attention to trying to repeal some incredibly complex and unsound international tax changes made as part of the 2017 tax legislation and close some egregious loopholes in our tax laws.

Read the full USA TODAY NETWORK article.

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USA TODAY NETWORK featured Lubin Professor Philip Cohen's piece "America needs respect for tax law and order. Here's why | Opinion"

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"Mother Nature Network" featured Pace University's Professor Daniel Baugher in "How to be more patient"

11/30/18

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"The Hindu" featured Lubin School of Business Professor P.V. Viswanath in "Unwitting 26/11 negotiator still gets the jitters"

11/27/18

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"Chabad.org" featured Pace University's Lubin School of Business Professor Meylekh (P.V.) Viswanath in "Tragedy and Resolve: 10 Years After Mumbai Terror"

11/08/18

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"Forbes" featured George Andreadis, Adjunct Professor of finance at Pace University, in "3 Things IBM Sees In Red Hat That Others Missed"

11/05/18

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"Dallas News" featured Pace University's Lubin School of Business Professor of Marketing Larry Chiagouris in "Is it legal for a politician to block a constituent on social media?"

11/05/18

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"WalletHub" featured Pace University's Lubin School of Business Professor Edmund H. Mantell in "Student Credit Cards with No Credit"

10/26/18

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"CBS News" featured Andrew Flamm, director of the Small Business Development Center at Pace University, in "Building a small business that's tougher than steel"

10/18/18

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"NBC News" featured Lubin Professor Larry Chiagouris in "No, it's not too early to ask yourself, 'Should I buy now or wait until Black Friday?'"

10/15/18

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"Variety" featured Lubin Professor Larry Chiagouris in "Trump Era Puts New Spotlight on Cable News Daytime Roster"

10/12/18

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"AdAge" featured Pace University's Lubin School of Business Professor Larry Chiagouris in "Levi's promotes the vote in new campaign"

09/25/18

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"The Washington Times" featured Pace University's Lubin School of Business Professor Larry Chiagouris in "Pop culture blackout: Melania Trump missing from magazine covers, TV appearances"

09/24/18

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"AdAge India" featured Pace University's Lubin School of Business Professor Randi Priluck in "#MobileWatch: Hello Alexa, Talk to Me!"

09/24/18

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"CBS News" featured director of the Pace University Small Business Development Center Andrew Flamm in "Launching a new business: First key steps"

09/18/18

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"Eurasia Review" featured Lubin School professor emeritus Joseph Salerno's piece "The Great Cryptocurrency Crash Of 2018"

09/14/18

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"NBC News 4 NY" featured Lubin Professor Larry Chiagouris in "People Burn Nike Shoes After Brand Uses Kaepernick"

09/04/18

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"Money Magazine" featured Lubin School of Business Professor Bruce Bachenheimer in "Want To Diversify? Start Here"

08/24/18

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"The Association to Advance Collegiate Schools of Business" featured Lubin Dean Neil Braun in "Global Business Leaders Say: Embrace Change and Lifelong Learning for Career Success"

07/26/18

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"The Wall Street Journal" featured Lubin professor Larry Chiagouris in "Ad Boycotts May Work—but Not for Very Long"

06/19/18

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"The Wall Street Journal" featured Lubin Professor Chunyan Li in "An Asian-American Awakening"

06/12/18

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"Broadway World" featured Lubin alumni in "Pace University Gets A Seat At The Tony Awards"

06/06/18

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"The New York Times" featured Lubin Professor Larry Chiagouris in "A Sign of ‘Modern Society’: More Multiracial Families in Commercials"

06/04/18

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"The Hill" featured Lubin Professor Philip G. Cohen's opinion piece in "Tax reform postmortem reveals lethal dose of crony capitalism"

05/22/18

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"Associated Press" featured Lubin Professor Larry Chiagouris in "AP source: NASCAR memo: France family 'dedicated' to sport"

05/10/18

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"New York Business Journal" featured Lubin Professor Bruce Bachenheimer in "Jopwell helps track down minority talent "

05/01/18

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"Associated Press" featured Lubin Professor Larry Chiagouris in "Royal wedding mania: $50,000 hotel package, Union Jack condoms and more"

05/01/18

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"Tri County Sentry" featured Lubin Professor Larry Chiagouris in "After Facebook Scrutiny, Is Google Next?"

04/27/18

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"Movie TV Tech Geeks" featured Lubin Professor Larry Chiagouris in "Will Google, YouTube soon be getting the Facebook treatment?"

04/25/18

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"The Business Journal" featured Lubin Professor Larry Chiagouris in "After Facebook scrutiny, is Google next?"

04/24/18

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"Inside Higher Ed" featured Lubin Professor Larry Chiagouris in "Facebook Says Au Revoir to Student Group"

04/24/18