Can US Tax Reforms Keep Up with China?

10/16/24 • 31 min

How does tax policy shape a nation's competitiveness? Today, we’re diving into the showdown between the US and China, exploring how China’s enticing tax incentives pose a formidable challenge to America’s economic supremacy.

Joining Kyle is Alex Muresianu, Senior Policy Analyst at the Tax Foundation. Together, they explore how changes to US corporate taxes, including the restoration of full expensing for research and development, could be the key to ensuring America remains competitive on the global stage.

Links:

https://taxfoundation.org/research/all/federal/us-chinese-economy-investment-manufacturing/

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Links:

https://taxfoundation.org/research/all/federal/us-chinese-economy-investment-manufacturing/

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Previous Episode

Election Insights | How to Fix Trump’s and Harris’s Tax Plans

Neither presidential candidate has a perfect tax plan. But what changes could Trump and Harris make to their respective tax plans to better serve American workers and the economy? In this episode, we dissect their plans and provide practical solutions for improvement.
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Links:
https://taxfoundation.org/research/all/federal/kamala-harris-tax-plan-2024/
https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/
https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/
https://taxfoundation.org/blog/trump-overtime-tax-exemption/
https://taxfoundation.org/blog/kamala-harris-corporate-tax-rate-by-state/
https://taxfoundation.org/blog/trump-mckinley-tariffs-great-depression/

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Next Episode

Election Insights | Tax Hikes Are Coming, Regardless of Who’s in the White House

Are tax increases on the horizon in 2025, no matter who takes office? In this episode, we explore why changes to the tax code could hit your wallet, regardless of which party comes out on top.

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Links

Expiring TCJA Tax Provisions in 2026 Would Produce Substantial Tax Hike across the US See more
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The Deduction - Can US Tax Reforms Keep Up with China?

Transcript

Kyle Hulehan00:00:00.239

How does tax policy shape a nation's competitiveness today? We're diving into the showdown between the us and China exploring how China's enticing tax incentives pose a formidable challenge to America's economic supremacy

Kyle Hulehan00:00:14.717

and welcome to the Deduction, a Tax Foundation Podcast. I'm your host, Kyle O'Hanlon, and today we are joined by Alex Muresiana, Senior Policy Analyst at the Tax Founda