Tax Policy In The Biden Administration

• Bloomberg, Biden Says He’s Open to Compromise on Corporate Tax Hike
• Bloomberg, Biden Tax Rule Would Rip Billions From Biggest Fortunes at Death
• Bloomberg, Biden Tax-Hike Exemption for Farms Pushed by Rural Democrats
• Bloomberg: Biden’s Audit-the-Rich Target of $700 Billion Seen as Tall Order
• Cato Institute, Fatal Flaw in Estate and Wealth Taxation
• Cato Institute, Tax Rates by Income Level

Continue reading

Tax Policy In The Biden Administration

• U.S. Treasury Department, Investing in the IRS and Improving Tax Compliance
• White House, Fact Sheet: The American Families Plan
• Bloomberg, America’s Ultra-Rich Fear Biden Will Close Their Favorite Tax Loopholes
• Bloomberg, Biden to Omit Estate-Tax Expansion From Coming Economic Plan
• Bloomberg, Biden Tax Plan Paves Way for Women to Power Economic Growth
• Bloomberg, Corporate Tax Loopholes Matter More Than a Higher Rate

Continue reading

Tax Policy In The Biden Administration

• Axios, Republicans Tell Biden No Corporate Tax Hike For Infrastructure
• Bloomberg, Biden Aims at Top 0.3% With Bid to Tax Capital Like Wages (2)
• Bloomberg, Fat Valuations and Tech Stocks Seen as at Risk in Biden Tax Plan
• Bloomberg, SALT Cap Critics Ask Yellen to Add Repeal to Biden Economy Plan
• Business Insider, Senate Democrats Will Seek a 25% Corporate Tax Rate Despite Biden's Call For 28%, Report Says
• CNN, The Tax Code Can Make Things Even Harder for Black Americans

Continue reading

Tax Policy In The Biden Administration

• Axios, Biden Pollster Urges Blunt Tax Talk
• Bloomberg, The Biden Administration’s Corporate Tax Statistic Is Misleading
• Bloomberg, Goldman’s Kostin Warns Biden Tax Plan Will Slash Earnings
• Bloomberg, Nobel Economist Warns Against Wealth Tax to Pay for Pandemic
• Business Insider, CEOs Say the Trump Tax Cut Created the Best Economy Ever. The Data Disagrees.
• Center on Budget and Policy Priorities, States Can Create Antiracist and Equitable Tax Codes

Continue reading

Tax Policy In The Biden Administration

• Barron’s, Odds Improve for Global Deal on Corporate Tax as Yellen Signals Her Agreement on Principle
• Bloomberg, Millions Are Tumbling Out of the Global Middle Class in an Historic Setback
• Center on Budget and Policy Priorities, Corporate Rate Increase Would Make Taxes Fairer, Help Fund Equitable Recovery
• CNN, Raising This Tax Would Make the Ultra-Rich Pay Their Fair Share
• The Guardian, ‘Raise My Taxes – Now!’: The Millionaires Who Want to Give It All Away
• The Hill, Biden's Bet on Taxes

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Biden Aims to End Corporate Tax Cuts Rewarding Investors
• Bloomberg, Biden Plan to Drop BEAT Seen as Helping Ease Digital Tax Debate
• Bloomberg, Democrats Weigh Capital Gains Tax Hike for Millionaires at Death
• Bloomberg, How to Raise Corporate Taxes Without a Blowback
• Forbes, Who Pays The Corporate Income Tax?

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Biden Determined to Tax the Rich After Windfalls From Covid Crisis
• Center on Budget and Policy Priorities, More State Lawmakers Should Consider How Racism Shapes Tax Policy
• Forbes, New Biden Tax Hike Details Are Out—Here’s What We Know Now
• Heritage Foundation, The Tax Cuts and Jobs Act: 12 Myths Debunked
• Inequality.org, For Every Buck a Billionaire Gives to Charity, You Chip in Up to 74 Cents

Continue reading

Tax Policy In The Biden Administration

• Axios, The Coming Corporate Tax Hike
• Bloomberg, Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan
• Bloomberg, Biden Vows to Raise Taxes on Families Earning Over $400,000
• Bloomberg, Biden Wants Corporate Tax Hike, Help for Families Making $110K, Aide Says
• Lynnley Browning (Financial Planning), COVID Relief Bill’s Tax, Cash Benefits Can Apply to Some Wealthy Clients

Continue reading

Tax Policy In The Biden Administration

• Barron’s, Why Warren’s Wealth Tax Could Be Good for Investors
• Forbes, Billion-Dollar Covid Tax Breaks For Opioid Settlements?
• The Hill, How the Pandemic Turbocharged Inequality
• The Nation, Is a Tax on ‘Ultra-Millionaires’ the Answer to Massive Inequality?
• New York Times op-ed (Chye-Ching Huang (NYU)), How Biden Funds His Next Bill: Shrink the $7.5 Trillion Tax Gap

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Corporate Tax Chat: Tim McDonald, VP of Global Tax at P&G
• Bloomberg, Corporate Tax Proposal in Senate Stokes Economists’ Concern
• Bloomberg, IRS Stance on Crypto Spurs Confusion, Relief in Tax Profession
• Bloomberg, Is It Really Time For Another IRS Reorganization?
• Bloomberg, ‘Stars Aligned’ for Digital Tax Agreement, OECD Tax Chief Says

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Key Senators Float Corporate Tax to Enable Minimum-Wage Hike
• Bloomberg, Lawmakers to Push Tax Credit Boost as Cure for Housing Crunch
• Bloomberg, Yellen Favors Higher Corporate Tax, Signals Capital Gains Worth a Look
• CNN, Democrats' Stimulus Plan Would Cut Taxes by an Average of $3,100, Analysis Shows
• Forbes, The Wealth Tax — When Thomas Piketty And Eleanor Shellstrop Agree, It’s Time To Act

Continue reading

Tax Policy In The Biden Administration

• American Prospect, What Having No Income Tax Gets a State During a Pandemic
• Bloomberg, Big Tech Challenges Maryland’s Pioneering Digital Ad Tax
• Bloomberg, Developing Countries Fear Losing Out in OECD Tax Dispute System
• Bloomberg, Interview with Steve Rosenthal of Tax Policy Center on Financial Transaction Taxes
• Bloomberg, Millionaires Get a Lot More Tax Audits in Democrat’s IRS Bill

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Trump's Tax Cut Was Very Good to the $200,000 to $1 Million Set
• Financial Times, A Wealth Tax Is the Economic Buffer Rich Nations Need
• Forbes, U.S. Billionaires Could Give $3,400 Stimulus Checks To 331 Million Americans Using Only Their Increase In Wealth Since March 2020
• The Hill, Biden Wants to Boost the EITC For Workers Without Dependent Children — What Does the Research Say?
• The Hill, Washington State's Proposed Wealth Tax Would Cost Bezos $2 billion a Year

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Democrats Aim for SALT Write-Off Expansion in Stimulus Bill
• Cato Institute, The Future of California Proposition 13 
• Forbes, New Year, New Tax Rules? An OECD Tax Reform Project Update
• Forbes, What Changes You Could See Under Biden's Tax Plans
• The Hill, GOP Digs in on Preserving Trump Tax Cuts

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Biden Low-Income Tax Proposal Follows Path to Becoming Permanent
• Business Insider, Top-Earning New Yorkers Could Pay 14.7% Income Tax, the Highest in the US, Under New Proposals From Cuomo
• Forbes, Biden’s Tax Plans For His First 100 Days—His Stimulus Tax Proposals Are Just The Beginning
• Forbes, IRS Collections Appears To Be Broken
• Forbes, West Virginia Governor’s Income Tax Elimination Plan Is Met With Misinformation & Misdirection
• The Hill, Biden Tax-Hike Proposals Face Bumpy Road Ahead

Continue reading