Brian Keegan: Boldly going where no US president has gone before

Joe Biden is implementing a radical agenda to fund his public expenditure programme, but what will it mean for our corporation tax yields?

4th April, 2021
Brian Keegan: Boldly going where no US president has gone before
The Biden administration may be stealing a march by enhancing its own existing models of restricting foreign deductions and claiming the earnings of overseas subsidiaries for additional tax in the US

A democratic left-leaning president can always be expected to favour big spending programmes, but has anyone ever been as big a spender as US president Joe Biden?

After committing $1.9 trillion to pandemic responses, he now proposes to commit a further $2 trillion to infrastructure spend. This marks a radical shift in economic approach between Biden and his predecessor.

Donald Trump seemed to view economic growth as being primarily private sector-driven. Biden, on the other hand, is...

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