Tax Policy - Weighing the Benefits of Permitting Business Credit Cashouts in Phase 4 Economic Relief As policymakers explore options for additional business tax relief in “Phase 4” of coronavirus relief legislation, one idea that has received renewed attention...

Tax Policy - Germany Adopts a Temporary VAT Cut This month, the German government agreed to a new round of fiscal support for the economy in light of the challenges from the ongoing pandemic. The total cost of the new package is €130 billion and is in addition...

Tax Policy - Seattle Officials Return with New Proposal for Taxing Employment Seattle’s city council—or at least a few of its members—are again gearing up for an effort to increase taxes on the city’s largest employers. The targets of the proposed taxes have...

Tax Policy - D.C. Council to Consider Tax Hike Despite Balanced Budget Many in the District of Columbia breathed a sigh of relief when Mayor Muriel Bowser (D) unveiled a balanced budget that managed to avoid painful spending cuts or raise taxes in the midst of...

Tax Policy - Inefficiencies Created by the Tax System’s Dependence on Economic Depreciation One idea that would help the nation’s economic recovery during the coronavirus crisis would be moving to full expensing of capital investment. The depreciation debate...