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FreeTaxes
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Korshub's take
How US taxes shape decisions
This unit looks at how taxation influences both personal and corporate financial choices, with a focus on the US system. It explains the mechanics behind progressive brackets and deductions, then widens out to how companies are taxed and why their legal form matters.
Two halves of the unit
- Personal taxes: income schedules, the alternative minimum tax, estate tax, state taxes and take-home pay.
- Corporate taxation: limited liability, double taxation, transfer pricing and tax havens.
Who it is for
Anyone trying to understand why take-home pay differs from a headline salary, or why tax rules treat married couples differently, will find the explanations useful. The corporate section suits readers interested in business and public policy.
