Tax Policy In The Biden Administration

• Bloomberg, Harris to Expand Small Business Tax Relief to Boost Startups
• Bloomberg, Harris Pushes 28% Capital Gains Tax Rate on $1 Million Earners
• Bloomberg, Trump Vows 15% Corporate Tax
• Inequality.org, If We Want Better Care, We Need a Better Tax Code
• New York Times, Can Democrats Stop the ‘Tax Doom Loop’?
• New York Times, Harris, Proposing a Tax Break, Makes a Play for Small-Business Owners

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Best Buy, Apple, Others Make Millions From California Tax Deals
• Bloomberg, Gen Z Needs a Tax Break
• Bloomberg, Google Gets Tax Break for California Journalism Deal
• Bloomberg, Opportunity Zones Face Skepticism Over Who Benefits the Most
• Cato Institute, Harris’s Tax on Unrealized Gains is Only the Tip of a $5 Trillion Tax Iceberg

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, IRS Conservation Easement Fumbles Mirrored in Covid Fraud Fight
• Bloomberg, UN Greenlights Work on Global Tax Treaty Amid Tensions With OECD
• Bloomberg Editorial, We Need to Talk About Taxes
• Kimberly Clausing (UCLA), The Climate Policy at Stake In This Election: The Tax Code
• Committee for a Responsible Federal Budget, The Kamala Harris Proposal to Raise the Corporate Tax Rate to 28%

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Even Switzerland Is Discussing How to Tax the Super-Rich
• Bloomberg, FedEx, IRS Spar Over Loper Bright’s Effect on Tax Enforcement
• Bloomberg, Trump, Harris Duel for Voters With Budget-Busting Tax Proposals
• Bloomberg Editorial, Tax Cuts and Jobs Act Is Expiring and Public Finances Are in Trouble
• Conversable Economist, U.S. Tax Policy: The Coming Storm in 2025

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, IRS Should’ve Put an Estate Tax on Inherited Retirement Accounts
• Bloomberg, Use These Math Shortcuts in Estate Planning
• Bloomberg, Using the Estate Tax Exemption to Transfer Stock Tax Free
• Common Dreams, Forget Wealth Tax. We Should Abolish Extreme Wealth Altogether
• Inequality.org, The Coming Tax-the-Rich Rumble in Rio

Continue reading

Tax Policy In The Biden Administration

• Reuven Avi-Yonah (Michigan) & Steven Rosenthal (Tax Policy Center), Congress Can Maintain IRS Rulemaking Authority
• Bloomberg, DraftKings to Implement a Customer Surcharge in High-Tax States
• Bloomberg, IRS Basis-Shifting Guidance Targeted for Challenge Post-Chevron
• Bloomberg, Senate Republicans Block $78 Billion Business, Child Tax Break Package
• Bloomberg, Undocumented Immigrants in US Pay Nearly $100 Billion in Taxes

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Congress’s Tax Scorekeeper Gets Spotlight After Chevron Ruling
• Bloomberg, IRS Telework Policy Draws Flak as Phone Calls Go Unanswered
• Bloomberg, Lowering Profits Seen as Tactic to Ease New US 15% Corporate Tax
• Bloomberg, OECD Says It’s ‘Near Full Consensus’ on Global Tax Treaty
• Forbes, 4 Ways Homeowners Benefit If The Trump Tax Plan Expires

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Canada Enacts Digital-Services Tax Amid U.S. Reprisal Threat
• Bloomberg, IRS Rulemaking Authority on Shaky Ground With Chevron Overturned
• Bloomberg, OECD Reports Progress, But No Deal Yet on Global Tax Treaty
• Bloomberg, Stuck Between US and OECD, Puerto Rico Seeks Path on Minimum Tax
• Cato Institute, The OECD Wants Higher Taxes on Everything

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, IRS Finalizes Conservation Contribution Disallowance Rule Regs
• Bloomberg, OECD Progressing on Finishing Global Tax Treaty By End of June
• Center on Budget and Policy Priorities, Record Stock Buybacks Bolster Case for Raising Corporate Tax Rate
• Common Dreams, Bowman, Sanders Propose 95% Tax on Corporations Exploiting Inflation to Jack Up Prices
• Financial Times, Global Tax Truce Frays Over Fears of Senate Deadlock

Continue reading

Tax Policy In The Biden Administration

• Balkinization, Justice Thomas Denounces Wealth Taxation — At the Cost of Transforming “Originalism” into a Parody of Itself
• Bruce Ackerman (Yale), My Initial Reactions to Justice Thomas' Sweeping Denunciation of Wealth Taxation
• Joseph Fishkin (UCLA), Less Is Moore
• Bloomberg, A Covid Lifeline for Businesses Has Become Curse for the IRS
• Bloomberg, Companies Urged to Carefully Tailor Message in Public Tax Reports

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, A Big Tax Fight Awaits After the Presidential Election Is Settled
• Bloomberg, Billionaire Tax Rejected by U.S. Causes Split Ahead of G-7
• Bloomberg, IRS Extends Free File Partnership Program Another Five Years
• Bloomberg, Massachusetts Risks $1 Billion in Lost Tax Revenue as Rich Flee
• Bloomberg, Presidents’ Tax Returns Would Be Public Under Bipartisan Bill

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Brainard Vows Corporate Tax Hike With Trump Cuts Set to Expire
• Bloomberg, IRS Cash Is in Danger of Drying Up for Technology Upgrades
• Bloomberg, Key Conservative Group Advises Trump: More Tax Cuts, No Tariffs
• Bloomberg, Los Angeles, Backers Defend Mansion Tax to Federal Appeals Court
• Bloomberg, Mansion Taxes Won’t Improve Housing Affordability

Continue reading

Tax Policy In The Biden Administration

• Americans for Tax Fairness, Corporations That Pay Their Executives More Than Uncle Sam
• Bloomberg, Biden Budget Showcases Looming US Tax Battle
• Bloomberg, Biden Tax Plan Rollout Is the Starting Gun for Washington Lobbyists
• Bloomberg, Biden’s $7.3 Trillion Budget Sets Up Tax Fight With Trump
• Bloomberg, Biden’s Housing Tax Breaks Are a Start, Not a Silver Bullet

Continue reading

Treasury Releases Greenbook General Explanations And Racial Inequality Implications Of Tax Proposals In Biden's FY25 Budget

• U.S. Department of the Treasury Outlines Tax Proposals to Reduce the Deficit, Lower Costs for Working Families, and Ensure the Wealthy and Large Corporations Pay their Fair Share
• White House Fact Sheet: The President’s Budget Cuts Taxes for Working Families and Makes Big Corporations and the Wealthy Pay Their Fair Share
• General Explanations of the Administration’s Fiscal Year 2025 Revenue Proposals
• Revenue Estimates of the Administration's Fiscal Year 2025 Revenue Proposals

• Advancing Equity through Tax Reform: Effects of the Administration’s Fiscal Year 2025 Revenue Proposals on Racial Wealth Inequality

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Companies Mull Challenges After Corporate Transparency Ruling
• Bloomberg, Falling US State Tax Collections Threaten More Budget Pain
• Bloomberg, Former IRS Commissioner Chuck Rettig Joins Chamberlain Hrdlicka
• Bloomberg, Treasury Says System Flush With Previously Taxed Income
• Bloomberg, With Business Tax Package Stalled, Some in GOP Say Wait for 2025

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Biden Will Push Higher Taxes for the Rich in State of the Union
• Bloomberg, The ETF Tax Loophole
• Bloomberg, Gabriel Zucman Makes Case at G-20 to Soak Global Billionaires
• Bloomberg, IRS Turns to Wealthy Non-Filers in Push to Get More Tax Dollars
• Bloomberg, Republicans Probing IRS Handling of Easement Backdating Case

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, California Fiscal Adviser Puts End to Step-Up Basis on the Table
• Bloomberg, Corporate Jet Use by Ultra-Wealthy Is Latest IRS Crackdown Push
• Financial Times, Time to Tax Billionaires
• The Hartmann Report, Why the Corporate Tax Bracket Should Go Back to 52%
• Inequality.org, Free Tax Filing: A Crucial Step Toward Unrigging Our Economy

Continue reading

Tax Policy In The Biden Administration

• Reuven Avi-Yonah (Michigan), Much Ado: Why the United States Should Calm Down About DSTs
• Reuven Avi-Yonah (Michigan), Whither LOB [Limitation on Benefits]?
• Bloomberg, NFL Owners Face Huge Estate Taxes to Keep Teams in Family
• Bloomberg, What’s Next for Biden’s Three Tax Court Nominees?
• Brookings Institution (Vanessa Williamson), Should Income Tax Information Be Public?

Continue reading

Tax Policy In The Biden Administration

• 
  Reuven Avi-Yonah (Michigan), Credit Where It’s Due? Reflections on Christensen, 112 Tax Notes Int'l 1377 (Dec. 4, 2023)
• Reuven Avi-Yonah (Michigan), Emily DiVito & Niko Lusiani, Fifty Years of ‘Cut To Grow’: How Changing Narratives around Corporate Tax Policy Have Undermined Child and Family Well-Being (Roosevelt Institute)
• Bloomberg, He Fled California Taxes. He’s Fighting Them in Washington.

Continue reading

Tax Policy In The Biden Administration

• The American Prospect, An Unequal Tax Trade
• Reuven Avi-Yonah (Michigan), Can Moore Be Limited?
• Bloomberg, Expanding the Child Tax Credit Makes Economic Sense
• Bloomberg, Three Tax Storylines to Watch as Congress Returns in 2024
• Bloomberg, Winners and Losers in the $80 Billion Bipartisan Tax Plan

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Congress Nears Deal on $70 Billion Tax Break for Businesses, Children
• Bloomberg, IRS Says It Has Recovered $500 Million From Wealthy Taxpayers
• Bloomberg, New York Republicans Want SALT Debate in Tax Bill Discussion
• Bloomberg, Trump Eyes Keeping 21% Corporate Tax, Extending Individual Cuts

Continue reading

Tax Policy In The Biden Administration

• Law360, European Tax Policy To Watch In 2024
• Law360, Federal Tax Cases To Watch In 2024
• Law360, Federal Tax Policy To Watch In 2024
• Law360, International Tax Cases To Watch In 2024
• Law360, International Tax Policy To Watch In 2024
• Law360, State And Local Tax Cases To Watch In 2024
• Law360, State And Local Tax Policy To Watch In 2024

Continue reading

Tax Policy In The Biden Administration

• Reuven Avi-Yonah (Michigan) & Richard Collier (Oxford), Individual Mobility and the Corporate Tax, 120 Tax Notes Int'l 1219 (May 29, 2023)
• Reuven Avi-Yonah (Michigan) & Ajitesh Kir (SJD 2023, Michigan), The Meaning Of "Is": Reflections on Nestle
• Bloomberg, R&D Regs, Minimum Tax Changes Top Corporate 2024 Tax Watch List
• Bloomberg, Yale Law School Professor Natasha Sarin: The Economic Power of Women

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Ex-Freshfields Partner Says He Turned a ‘Blind Eye’ to Historic Tax Scam
• Bloomberg, IRS to Waive $1 Billion in Back-Taxes Penalties for 2020 or 2021
• Bloomberg, Trump Says He’d Go After University Tax Breaks If Elected Again
• The Messenger, A Favorite Tax Strategy of the Rich Is Getting Hammered by the Economy
• The Messenger, IRS Cancels $1 Billion in Penalties for Unpaid Taxes, but Reboots Collection Efforts

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Companies Must Reveal Tax Payments With New Accounting Rules
• Bloomberg, Democratic Tax Writers to See Shake-up Ahead of 2025 Cliff
• Bloomberg, Global Deal Doesn’t Provide Tax Stability, Chamber of Commerce Says
• Bloomberg, Industry Details Concerns to Treasury on Global Tax Treaty
• Bloomberg, IRS Details Meshing of Foreign Tax Credit, OECD Minimum Tax

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, All IRS Employees Should Work During a Shutdown, CPA Group Says
• Bloomberg, ‘Billionaires Tax’ Pitched Ahead of Key Supreme Court Case
• Bloomberg, Business Giants Go Big on Billboards, TV in Last-Ditch Tax Plea
• Bloomberg, Democrats Keep Up Tax-the-Rich Messaging for 2024 and Beyond
• Bloomberg, EV Tax Credits Are Heading for a Cliff Again

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Corporate Income Tax Rates Decreased Globally Over Last 20 Years
• Bloomberg, Harvard's Endowment Makes Billions And Barely Pays Taxes
• Bloomberg, IRS Delays $600 Reporting Threshold for PayPal, Cash App
• Bloomberg, IRS Urged to Crack Down on Wealthy Tax Cheats in Puerto Rico
• Cato Institute, Resist the Allure of Laffer Curve Logic

Continue reading

Tax Policy In The Biden Administration

• American Lawyer Media, Senators Debate Tax Avoidance Methods Used by Ultra-Wealthy
• Bloomberg, Carried Interest Tax Break Targeted in Bill Revived by Democrats
• Bloomberg, Crypto Tax Changes on Hold as Lawmakers Seek Regulatory Clarity
• Bloomberg, IRS Releases Long-Awaited Guidance on Charitable Giving Tool
• Bloomberg, Shifting Tax Code Is ‘Crushing’ for Corporate R&D Viability

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Biden Administration Reaffirms Commitment to Global Tax Pact
• Bloomberg, Death, Taxes and Pension Levies — a UK Mystery: Trow & Ashworth
• Bloomberg, House Passes Israel Aid Tied to IRS Cuts, Triggering Biden Clash
• Bloomberg, Wealth Tax Could Gain Footing With Supreme Court Moore Ruling
• Bloomberg, Wealthy Tax Dodgers to Get Senate Finance Committee Scrutiny

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Billionaires Should Pay a Global Minimum Tax, Researchers Say
• Bloomberg, IRS Heightens Scrutiny of Foreign, Large Corporations
• Bloomberg, The Tide Is Turning in the Global Tax Evasion Fight
• Bloomberg, The U.S. Is Doing a Terrible Job Collecting Taxes
• EU Tax Observatory, Global Tax Evasion Report 2024
• Fortune, Minimum 15% Global Corporate Tax Has So Many Loopholes It Will Only Generate Half the Revenue Expected

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Housing Crisis Fuels Hope for a Bipartisan Tax Bill
• Bloomberg, IRS Contractor Leaked Donald Trump, Jeff Bezos, Elon Musk Tax Data
• Bloomberg, A Meat Tax Could Help Stop Global Warming
• Bloomberg, SALT Cap Haunts GOP House Candidates as Democrats Turn Tables
• Bloomberg, U.S. to Miss Deadline to Avoid Fresh Digital Taxes, Yellen Says
• Forbes, U.N. Vs. OECD: The Clash Of Global Tax Visions

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Global Tax Deal Moves Closer in Race to Avoid Digital Levies Row
• Bloomberg, IRS Is Boosting Its AI Efforts. Lawmakers Cautiously Applaud.
• Bloomberg, IRS Tax Gap Projections Grow to $688 Billion, Agency Estimates
• Bloomberg, IRS Tweaks Rules to Maximize Profits From Seized Property Sales
• Bloomberg, IRS’s $28.9 Billion Tax Claim Against Microsoft, Explained

Continue reading

Tax Policy In The Biden Administration

• Jeremy Bearer-Friend (George Washington), Race-Based Poll Taxes and 20th-Century Discrimination
• Bloomberg, Countries Agree on Tool to Implement Global Tax Pact Rules
• Bloomberg, From $26 Billion to Bust: Sam Bankman-Fried’s Astonishing Rise and Fall
• Bloomberg, High Court Tax Case Could Curb Congress’s Revenue-Raising Powers
• Bloomberg, Treasury Issues Rules on ‘Killer B’ Triangular Reorganizations

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Four Tax Cases Before the Supreme Court to Watch This Fall
• Bloomberg, IRS Expands Chatbots to Tackle Tax Underreporting Questions
• Bloomberg, IRS to Partially Close, Furlough Staff in Federal Shutdown
• Bloomberg, Use the Estate Tax to Finance Early Childhood Education
• Bloomberg, Your Taxes and the Federal Shutdown: IRS Closing Explained

Continue reading

Tax Policy In The Biden Administration

• American Enterprise Institute, The Supreme Court in Moore Should Not Enshrine the Realization Tax Principle in the Constitution
• Bloomberg, Bipartisan Tax Package Hopes Dim Amid Shutdown, Impeachment Talk
• Bloomberg, IRS Seeks to Hire 3,700 Agents to Pursue Wealthy Tax Dodgers
• Bloomberg, SALT Republicans Search for Unity While Blocking GOP Tax Bill

Continue reading

Tax Policy In The Biden Administration

• American Prospect, The Stealth Attack on the Power to Tax
• Bloomberg, IRS Agrees to Settlement in Easement Penalty Backdating Case
• Bloomberg, Norway Wealth Tax Pushes the Rich to Move to Switzerland 
• Common Dreams, With Funds Opposed by GOP, IRS to Target Ultrawealthy Tax Delinquents
• Inequality.org, Economists, Millionaires, and Elected Officials to G20: Tax Extreme Wealth

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Global Tax Deal and Taiwan Top Congress’ Fall Tax To-Do List
• Bloomberg, Lower Earners ‘Desperate’ for Tax Refunds, Says H&R Block Chief
• Bloomberg, Intuit’s ‘Free’ Tax Help Ads Ruled Deceptive by FTC Judge
• Bloomberg, Republican AGs Push Supreme Court to Limit Congress' Tax Power In Moore
• Common Dreams, Common Dreams: 300+ Economists, Millionaires, and Elected Officials to G20: 'Tax Extreme Wealth'

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, GOP Attacks on Treasury, Global Tax Deal Foreshadow OECD Visit
• Bloomberg, IRS Sanctioned by Court for ‘Bad Faith’ on Backdated Document
• The Guardian, Billionaire-Linked Thinktank Behind Supreme Court Wealth Tax Case Lobbying
• Roll Call, Treasury, IRS Roll Out Long-Delayed Crypto Tax Reporting Rules
• Slate, The Supreme Court’s Next Big Tax Case Demands Clarence Thomas’ Recusal

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Crypto Tax Guidance Confusion Heralds Court Battles to Come
• Cato Institute, Tax Policy Missing in Action in GOP Debate
• The Economist, A Wave of International Rule-Making Threatens Caribbean Tax Havens
• Inequality.org, OLIGARCH Act: An Innovative Tax-the-Rich Proposal
• Tax Foundation, Tax Policy Questions That 2024 Presidential Candidates Should Address

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Billionaire Steve Cohen Fights a $10 Million Tax Bill to Derail an IRS Plan
• Bloomberg, IRS Stokes Coverup Allegations With Admission It Backdated Form
• Bloomberg, Taxing Star Athletes More Is Unfair Policy
• Bloomberg, A Year After IRA, EVs Are Making Fitful Progress
• Cato Institute, A Link Tax Won’t Save the Newspaper Industry But It Might Just Ruin the Internet
• Center on Budget and Policy Priorities, State Taxes Have a Minimal Impact on People’s Interstate Moves

Continue reading

WSJ: Biden’s IRS Chases Chump Change

Wall Street Journal Op-Ed (Phil Gramm (American Enterprise Institute) & Jodey Arrington (Chair, House Budget Committee), Biden’s IRS Chases Chump Change:

Criminals stole at least $1 trillion from taxpayers during the pandemic. To date the Biden administration has offered only lip service and modest funding to try to reclaim these funds and punish wrongdoers. Meanwhile President Biden is hiring an army of Internal Revenue Service agents to shake down Americans he claims are tax avoiders. And his commitment is concrete—$80 billion to hire 87,000 new IRS agents. According to Congressional Budget Office estimates, all that extra manpower and money will net the federal government only about $100 billion. Why not spend some of it settling a far larger bill?

The Government Accountability Office estimates the federal government made $528 billion in improper payments in 2021 and 2022. Some were the result of honest mistakes. But many swindlers saw opportunity in the blizzard of pandemic relief programs, filing false claims and outright stealing taxpayer money. As astonishing as half a trillion dollars in estimated improper payments is, the real cost of the unprecedented mismanagement and fraud is much higher. GAO numbers exclude improper payments in major programs like Pandemic Unemployment Assistance and food stamps because the federal agencies running those programs didn’t bother reporting them, despite being required to do so by law.

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, AI Advantages in Tax and Accounting Tilt Toward Big Firms
• Inequality.org, Here We Go Again, Again With the Commercial Donor-Advised Fund Industry
• Inequality.org, A Perfect Example of Donor-Advised Fund Slipperiness in Silicon Valley
• Jacobin, Georgia Became the “Hollywood of the South” Through Massive Corporate Tax Breaks
• Law360, Law Prof Edward Zelinsky Rebuts NY's Claim That Wayfair OKs Tax On Teleworkers

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, California Is Home to More Millionaires Than Ever and They're Getting Richer
• Bloomberg, Crypto Stakers’ Rewards Count as Gross Income, IRS Says
• Bloomberg, GOP, Chamber Ramp Up Pressure on Treasury Over OECD Tax Deal
• Bloomberg, IRS Visits to Wealthy Americans Drive Malta Pension Probe
• Bloomberg, Tax Progressivity Can Go Further Than We Think
• Cato Institute, The Case Against the Child Tax Credit

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, IRS’s Danny Werfel Picks His Battles to Keep the Haters at Bay
• Bloomberg, Tax Policy Is a Complex, Sticky Web of Threads
• Common Dreams, Progressives Unveil OLIGARCH Act to Combat 'Existential Threat' of Extreme Wealth Inequality
• Forbes, In Major Shift, IRS Announces It Will End Most Unannounced Visits To Taxpayers
• Jacobin, Disney Is Purging Content to Avoid Paying Workers and Evade Taxes

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Canada Is Sticking With a Planned Tax on Big Tech the U.S. Opposes
• Bloomberg, Chris Christie Wouldn’t Repeal Trump’s SALT Cap if Elected President
• Bloomberg, Endowment Tax Eyed After Supreme Court Affirmative Action Ruling
• Bloomberg, GOP Seeks to Up Global Tax Deal Oversight With Treasury Official
• Bloomberg, High Income New Yorkers Can Save $250,000 Moving to Austin

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, GOP Tax Bill Vote Unlikely Before August, Majority Leader Says
• Bloomberg, IRS Targets Rich Tax Dodgers Using New Funds, Chief Werfel Says
• Bloomberg, OECD Outlines Progress On Global Tax Pact While Hurdles Remain
• Bloomberg, US Wins Conditional Digital-Tax Truce as Global Deal Advances
• Law360, Federal Tax Policy To Watch In The 2nd Half Of 2023

Continue reading

Tax Policy In The Biden Administration

• American Prospect, Secretary Yellen, Where Are the Crypto Tax Regulations?
• Bloomberg, Biden Should Use OECD Tax Talks to Help, Not Harm, US Interests
• Bloomberg, IRS Shifts Tactics on ‘Dirty Dozen’ Suspected Tax Dodges
• Bloomberg, OECD Global Deal Hits ‘Crunch Time’ as Digital Tax Cutoff Nears
• The Guardian, Super-Rich Warned of ‘Pitchforks and Torches’ Unless They Tackle Inequality
• Kristin Hickman (Minnesota), Exempting Tax Rules From White House Review Is a Step Backward

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, Florida, Texas See Tax Revenue Grow While California, New York Post Declines
• Bloomberg, Global Tax Deal Can Help Declutter National Rules, OECD Says
• Bloomberg, Yellen Says Global Shipping Tax Push ‘Very Constructive’
• Center on Budget and Policy Priorities, Expanding Health Savings Accounts Would Boost Tax Shelters
• Jane Gravelle & Mark Keightley (Congressional Research Service), The Pillar 2 Global Minimum Tax: Implications for U.S. Tax Policy

Continue reading

Tax Policy In The Biden Administration

• Assaf Harpaz (Drexel), The UN as the New “World Tax Organization”?
• Bloomberg, Yellen Says Global Shipping Tax Push ‘Very Constructive’
• Business Insider, Elon Musk Says Biden's Desire to Tax the Ultra-Rich Would 'Upset a Lot of Donors'
• Center for American Progress, House Bill Would Slash Business Taxes and Undermine Efforts To Stem Profit Shifting
• Center on Budget and Policy Priorities, Flawed House GOP Tax Package Chooses Wealthy Shareholders Over Children and Families and the Fight Against Climate Change

Continue reading

Tax Policy In The Biden Administration

• Bloomberg, America's Inequality of Income and Wealth Will Only Get Worse
• Bloomberg, Tax Rules Exempt From White House Review Under New Pact
• Bloomberg, White House Dismisses Republican Tax-Cut Plan as Handout to the Wealthy
• Issues & Insights, If Biden’s Economic Plan Is ‘Working,’ Why Are Tax Revenues Plunging?
• Committee for  Responsible Federal Budget, W&M Tax Bill Would Cost Over $1 Trillion if Made Permanent

Continue reading