Article on An Unintended Consequence of Reducing the Corporate Tax Rate

Shawn Bayern recently posted an Article entitled, An Unintended Consequence of Reducing the Corporate Tax Rate, Tax Law: Tax Law & Policy eJournal (2017). Provided below is an abstract of the Article:

This article explains how a 20 percent corporate tax rate could be exploited to avoid individual income taxes. (It was printed in November 2017, when a 20 percent corporate tax rate was under consideration. Similar principles apply to a 21 percent tax rate, but to a lesser extent if the maximum individual rate is lowered to 37 percent.)