The IRS and Treasury should ensure that companies receiving tax credits stick to the labor standards in the Inflation Reduction Act.
tax policy
Posted inAmerica and the World
Britain’s Tragic Collapse
The problem is not failed leadership but a failed ideology.
Posted inEconomic Policy
The American Welfare State Is Designed Horribly
The New York Times report notwithstanding, our signature poverty-fighting policy is a janky mess.
Posted inEconomic Policy
IRS Edges Closer to 21st-Century Computing
Thanks to the Inflation Reduction Act, the agency now has funding for significant IT upgrades—but the devil is in the details.
Posted inEducation in America
Besiege the Ivy League
We can have a better higher-education system, or we can have schools that cater to the elite and privileged. We can’t have both.
Posted inMoney, Politics, and Power
House Leadership Delays Social Security Expansion While Crafting Tax Breaks for Rich Retirees
Nancy Pelosi’s office is blocking Social Security expansion, while Congress prepares to pass a windfall for rich retirees, insurance companies, and large asset managers like Vanguard and Fidelity.
Posted inEnergy and the Environment
The Inflation Reduction Act’s Quiet Revolution on Public Power
Here’s how utilities will be decarbonized over the next decade.
Posted inEnergy and the Environment
The Long Road to Mass EV Adoption
A new tax credit of $4,000 for used electric vehicles could give people a boost toward buying a zero-emissions car. But there are still a lot of hurdles.
Posted inEconomic Policy
A Stock Buyback Tax Isn’t a Great Idea
It essentially cuts the government in on the buyback scam, making it harder to actually eliminate the practice.
Posted inEconomic Policy
Winners and Losers on Tax Policy
The big winner in the eleventh-hour concessions to Kyrsten Sinema was the private equity industry.