Federal Tax Updates Archive

2021 Election Results | 2021 Ballot Measures

TweetShareSharePin0 Shares Election Day will be a modest affair in 2021, perhaps a welcome respite from the inflamed politics of recent years. Despite few statewide races, however, voters in some states will decide important questions by ballot measure. Of particular note, through 10 ballot measures across four states—Colorado, Louisiana, Texas, and Washington—voters will decide significant

Ways and Means GILTI Reform Proposal Closely Tracks OECD/G-20 Pillar 2

TweetShareSharePin0 Shares Recent proposals to reform the tax treatment of US multinationals would increase US revenues substantially, according to an analysis by the Tax Policy Center. The global intangible low-tax income (GILTI) reform proposed by the House Ways and Means Committee and the OECD/G-20 “Pillar 2” global minimum tax are quite similar, but the committee

Reconciliation Bill Tax Innovation Effects

TweetShareSharePin0 Shares When examining how tax policy impacts the economy, researchers typically look at labor supply and investment responses. One other channel through which taxes impact the economy has been less studied: innovation. A new National Bureau of Economic Research (NBER) paper reviews the literature and concludes that taxes have a significant impact on the

What Constitutes Diesel Fuel Prices?

TweetShareSharePin0 SharesWhat Constitutes Diesel Fuel Prices? Tracing its name from its German inventor, Rudolf Diesel, diesel fuel is what is used in the compression ignition engines of motor vehicles. It is important to a country’s economy, quality of life, and national security. Any fluctuation of its price will have an effect on how people live

JR Cigars: Offering You Better Choices

TweetShareSharePin0 SharesJR Cigars: Offering You Better Choices Do you want to purchase cigars online? Do you want a reputable online retailer – one that offers quality cigars at affordable and reasonable prices? Did you ever consider buying from JR Cigars? Are you a veteran cigar smoker and likes to buy hand made cigars? Why don’t

Top 5 Reasons to Buy a Hybrid Car

TweetShareSharePin0 SharesTop 5 Reasons to Buy a Hybrid Car 1. – Gas Savings – Hybrid cars can get up to 60 mpg (miles per gallon), due to their advanced aerodynamics, engine efficiency, tire technology (which is so different to the standard cars) just to mention some of its characteristics. 2. – Environmental Issues – Reduced

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