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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

James O’Connor: Ireland could turn a higher rate of corporate tax into a win-win

Tax James O'Connor 2 days ago

Could Ireland take a multi billion euro hit on tax?

Tax Peter O'Dwyer 4 days ago

Tax authorities gradually making online currencies a little less cryptic

Tax Tom Maguire 4 days ago

Thousands of cases of untaxed wine seized by Revenue

Tax Michael Brennan 1 week ago