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New Year, New Taxes

New Year, New Taxes

FromThe Deduction


New Year, New Taxes

FromThe Deduction

ratings:
Length:
18 minutes
Released:
Jan 12, 2023
Format:
Podcast episode

Description

It’s a new year. And if one thing is certain, it’s that businesses are facing a lot of uncertainty.Key parts of the Inflation Reduction Act of 2022 are kicking into effect, including the new book minimum tax.Erica York, senior economist at the Tax Foundation, joins Jesse to discuss why this policy came into the fold. They discuss if this tax will really stop companies from paying zero in taxes, as the president claims, if the new Republican House will revisit this debate, and what the tax's impact will be on jobs and economic growth.Links:https://taxfoundation.org/book-minimum-tax-analysis/https://twitter.com/ericadyork/status/1610328115393216512https://taxfoundation.org/federal-tax-lame-duck-2022-midterms/https://taxfoundation.org/warren-corporate-book-tax/https://taxfoundation.org/companies-paying-no-income-taxes/https://open.spotify.com/episode/2b6jGfzvyEbFYicob0YuHn?si=ae929bfae71042bbSupport the show
Released:
Jan 12, 2023
Format:
Podcast episode

Titles in the series (62)

The Deduction is your independent guide to the complicated world of tax and economics. From the impacts of tariffs and trade wars to debates over who pays and how much, each episode, our experts untangle another aspect of the tax code. Listen to the leading tax podcast!