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The next person to live in the White House will have to deal with a number of important tax policy problems, such as the expiring Tax Cuts and Jobs Act (TCJA) changes for individuals and businesses and the growing deficits and debt.
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Capital allowances play a significant part in a nation's corporate tax base and can influence investment choices, having a significant impact on the economy even if they are occasionally disregarded in talks about corporate taxation.
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Tax codes should be simple to comply with, administer, and enforce, according to one of the Tax Foundation's principles for solid tax policy.
The next person to live in the White House will have to deal with a number of important tax policy problems, such as the expiring Tax Cuts and Jobs Act (TCJA) changes for individuals and businesses and the growing deficits and debt.
