The US Congress is turning its attention to something called the Build it Back Better (BBB) bill. Now is a good time to think critically about the political economy of our national debt. It’s good to start with a few facts and recognize what we know and what we don’tRead More →
After Elon Musk asked his Twitter followers to vote on whether he should sell 10% of his Tesla shares, the architect of the billionaire tax proposal behind the decision dismissed the tweet as a waterfall. “Whether or not the richest man in the world pays taxes shouldn’t depend on theRead More →
Nirmala Sitharaman The Ministry of Finance has asked for suggestions on the taxation of industries and commercial organizations for the 2022-2023 budget, which will set the tone for the growth of the Indian economy affected by the COVID-19 pandemic. In a communication to professional and industry associations, the ministry invitedRead More →
Good tax policy and efficient administration have been a cornerstone of advocacy for the American Institute of CPA (AICPA) since its inception. In a letter sent to Congressional leaders by the Senate Finance Committee and the House Ways and Means Committee, AICPA expressed deep concern about recent proposals for theRead More →