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Treasury Department Archive

It Would Be a Mistake to Resurrect Corporate Alternative Minimum Tax

TweetShareSharePin0 Shares The latest version of the Biden administration’s Build Back Better reconciliation package reintroduces a policy that has been tried before—and abandoned: a corporate alternative minimum tax (AMT). It would be a mistake to revive this complex and poorly designed policy. Instead, lawmakers should consider directly reducing corporate tax expenditures. The corporate alternative minimum tax was

Settling the Dust of the Coal Industry

TweetShareSharePin0 Shares Coal miners increasingly are victims of a cruel paradox. Even as production declines, more are suffering from deadly black lung disease. Yet falling production and growing efforts to combat climate change will slash the federal funds to support sick workers and their families. This problem can be resolved, but it will require policymakers

Tax Justice Network Arabic podcast #47: السودان: حلول عسكرية لأزمات إقتصادية و إجتماعية

TweetShareSharePin0 Shares Welcome to the 47th edition of our Arabic podcast/radio show Taxes Simply الجباية ببساطة contributing to tax justice public debate around the world. It’s produced and presented by Walid Ben Rhouma and is available on most podcast apps. Any radio station is welcome to broadcast it for free and websites are also welcome to share it. You can follow

Will the Ohio Supreme Court Fuel the State’s NASCAR Tax?

TweetShareSharePin0 Shares “If you ain’t first, you’re last.” That all-or-nothing motto catalyzes number one NASCAR driver and titular hero in the 2006 spoof, Talladega Nights: The Ballad of Ricky Bobby.  Funny coincidence: My kids and I watched the movie on television right after I read about NASCAR’s (National Association for Stock Car Auto Racing Holdings,

A Medicare Drug Deal But BBB Still Awaits A Score

TweetShareSharePin0 Shares Congress keeps inching towards a BBB agreement. Democrats agreed among themselves on a scaled-back plan to allow Medicare to negotiate prices on a handful of very costly drugs, along with a cap on insulin costs. That clears away one of the last outstanding issues prior to a House vote on President Biden’s latest

Work On Budget Reconciliation Continues…

TweetShareSharePin0 Shares House vote this week on Build Back Better? Maybe not. Sen. Joe Manchin yesterday said he wants to see an official budget score before he signs off on President Biden’s now-$1.75 trillion social spending and tax bill. Manchin expressed concerns about whether the latest bill hides its true cost by phasing out various provisions.

Austria Budget Comes with Tax Cuts, Carbon Levies

TweetShareSharePin0 Shares The 2022 Austrian budget proposal advances the tax reform plan agreed to by 2020’s coalition government formed by the Austrian People’s Party and the Greens. While Europe is registering record spikes in energy costs, Austria is pushing ahead with an agenda for carbon emissions reduction with a phased-in carbon levy. At the same

The Tax Justice Network’s French podcast: Conférence Panafricaine sur les FFI : La Société Civile invite à la prudence sur l’Accord Fiscal de l’OCDE #33

TweetShareSharePin0 Shares Welcome to our monthly podcast in French, Impôts et Justice Sociale with Idriss Linge of the Tax Justice Network. All our podcasts are unique productions in five different languages every month in English, Spanish, Arabic, French, Portuguese. They’re all available here and on most podcast apps. Here’s our latest episode: Pour cette 33ème édition de votre podcast en français sur la justice fiscale et sociale
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