As housing prices recover, short sales have become an increasingly popular escape route for indebted homeowners. But the future of short sales depends on a tax cut extension from Congress that may or may not come, and realtors argue that housing prices haven't rebounded enough for many homeowners to afford their debt forgiveness as a tax.
Corporate income tax moves some capital abroad, which reduces worker productivity, wages and benefits, Marron writes. As a result, some of the corporate income tax burden falls on workers.
Revisions in the definition of the corporate income tax may assume that workers bear some of the corporate tax burden.