New research shows that corporations pay no or negative tax even after being profitable for a number of years.
Internal Revenue Service
Posted inPolitics
How Biden Can Profitably Piss Off Republicans
Promoting good policy can also compel the GOP to defend the indefensible.
Posted inBuilding Back America
Infrastructure Summer: Republicans Attempt to Pull the Football on Bipartisan Deal
This was always going to happen, and Democrats should be prepared for it.
Posted inEconomic Policy
One Weird Trick to Force Billionaires to Pay Taxes
The ‘economic substance doctrine’ could be employed by the IRS to crack down on tax avoidance.
Posted inPolitics
Bipartisan Infrastructure Plan Could Come Down to One Number
Team Biden is thankfully resisting privatization. But the deal will hinge on how much both sides agree they can wring out of increased tax enforcement.
Posted inTAP
Hypocrites of the Year—Summers and Rubin
Today on TAP: The former Treasury officials who weakened the IRS
Posted inBuilding Back America
Undoing Welfare Reform
If Congress makes the expanded Child Tax Credit permanent, simple, and universal, it could have reverberations across the entire welfare state.
Posted inTAP
Richie Neal Strikes Again—at Biden’s Tax Reform Plans
Today on TAP: The House Ways and Means chair may oppose a capital gains tax overhaul
Posted inTAP
The Paradox of Corporate Power
Today on TAP: Big business should get serious about democracy
Posted inTAP
Paying for Biden’s Program—Time to Get More Creative
Today on TAP: Alternatives to raising taxes