Corporate America makes sport of gaming the tax authorities, especially after decades of budget cuts to the IRS. What dominant corporations make by hiring expensive tax and lobby teams to distort the rules in their favor, smaller businesses, workers, and the general public are forced to cover with higher taxes and worsened services. Competition shouldn’t hinge on who has more pull over the tax rules and how they’re enforced. Decisions made over the next year to modernize the IRS present a historic opportunity to shape a less entrenched and more competitive economy, writes Niko Lusiani.
A special wave of the Booth/Kellogg Financial Trust Index shows a high level of compliance with social distancing guidelines and stay-at-home orders. Approximately 45...
Existing fiscal and monetary policies are powerless to restore firms’ revenues during this health emergency. Many firms will soon begin having trouble meeting their...
The government has to compensate businesses and workers for their losses so that each business can re-emerge almost intact after the hibernation due to...