Also, Pelosi speaks on bailout oversight. This is The COVID-19 Daily Report for July 17, 2020.
tax policy
Posted inEconomic Policy
A Decisive Tax Defeat for the Multinationals?
Altera, owned by Intel, just lost a major case on corporate offshore tax evasion. It could signal the end of ‘transfer pricing’—the most common and flagrant way big companies avoid taxes.
Posted inEconomic Policy
Does the Earned Income Tax Credit Deliver?
As millions of low-wage workers lose their jobs, and potentially their tax benefits, a debate over the EITC’s merit has taken on new importance.
Posted inEconomic Policy
Taxation and Born-Again Progressives
Larry Summers’s modest proposal for tax reform
Posted inCoronavirus
It’s Time to Revive the Excess Profits Tax
As during the world wars, companies that profit because of the crisis should not grow rich just because of the crisis.
Posted inEconomic Policy
Avoid Taxes, Receive Federal Bailouts
It’s the common thread among a host of companies lining up to feed on a rescue package.
Posted inMoney, Politics, and Power
Trump First Proposed a Payroll Tax Cut Six Months Ago
And here’s why it doesn’t make sense as an economic response to the coronavirus.
Posted inLaw and Justice
Why Are ‘Liberal Democrats’ Leading the Constitutional Campaign Against the Wealth Tax?
Recent critiques of the proposed levies hinge on breathing new life into the Constitutional Convention’s infamous compromise with slavery.
Posted inTAP
A Bogus Takedown of Warren’s Wealth Tax
Today on TAP: A Times report shows why we need a new kind of economic policy and analysis
Posted inEconomic Policy
Gabriel Zucman Explains How the Rich Get Richer
A French economist finds that America’s tax structure lies at the heart of inequality.