[Financial Times]: Beware America’s fake fiscal conservatives
By Oren Cass
#taxcuts #tcja #taxcutsanjobsact #mikecrapo #conservatives #deficit #budget
#tcja — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #tcja, aggregated by home.social.
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https://www.businessinsider.com/tax-tips-overtime-trump-proposals-income-money-election-2024-10
#Economy #Politics #chelsea-jia-feng #bi-illustration #trump #kamala-harris #tips #overtime #taxes #child-tax-credit #tcja
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In this weeks column I outline the utter failure the #TCJA has been from the perspective of combatting offshoring of profits and suggest a simple alternative.
“As the calendar flips over to 2024, the TCJA’s shortcomings are laid bare—but there’s a potential path forward in the form of a global minimum tax. It won’t get rid of offshoring, but it reimagines tax policy toward a recognition of a global, interlinked system of policies.”
