This tribute was originally published in Tax Notes on March 20, 2023. Bill Parks of Moscow, Idaho, was an American patriot in the best way possible. William Parks (known as Bill to everyone) died the evening of March 5 near Boise. Bill will be remembered for his passion for the natural world, the many people he impacted, and his…
Shein’s Fast Fashion business reminds me of the barker in Pinocchio, (to paraphrase) “Get your tank tops, dress, sweaters, and t-shirts! Buy all you can! Be a glutton! Stuff your bags! Hurry, hurry, hurry, hurry!” Who could imagine that a small order-fulfillment Chinese company with almost no garment manufacturing experience would become the world’s largest…
Yesterday, Senator Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) announced that they reached a deal on a reconciliation package that would change current U.S. tax law to benefit domestic American companies. The Inflation Reduction Act will implement a 15 percent Corporate Alternative Minimum Tax (CAMT) on foreign and American multinational companies with…
by Jeff Ferry and David Morse Jeff Ferry is chief economist and David Morse is tax policy director at the Coalition for a Prosperous America. They thank Mary Hollenbeck for her data collection and additional research for this article. In this article, Ferry and Morse examine the advantages and disadvantages of pillar 1 of the…
David Morse \ June 2021 \ MarketWatch Every year, dozens of large multinational corporations generate enormous profits in America’s lucrative consumer market. But thanks to clever profit shifting, they’re able to avoid paying much of their U.S. corporate-tax obligations. In fact, a study by the Coalition for a Prosperous America (CPA) found that America’s 500…
On April 23, 2021, the Coalition for a Prosperous America responded to the request for comments by the staff of the Senate Finance Committee regarding a tax framework proposal made by Senator Wyden, Senator Brown, and Senator Warner. April 23, 2021 The Honorable Ron Wyden Chairman United States Senate Committee on Finance 219 Dirksen Senate…
On March 25, 2021, David Morse, CPA’s Tax Policy Director submitted a written testimony before the Senate Committee on Finance. As the Senate Committee on Finance conducts a review of U.S. international tax policy about American employment and investment, the Coalition for a Prosperous America (CPA) offered its views as a nonprofit, nonpartisan organization representing…
[David Morse | April 6, 2021 | Inside Sources] There was a surprising moment of levity at a recent Senate Finance Committee hearing. And it came in the midst of a rather dry discussion on U.S. tax policy. In an exchange focused on obscure provisions of the 2017 Tax Cuts and Jobs Act (TCJA), Sen. Tom…
On March 31, the Biden Administration presented a policy-packed proposal titled “The American Jobs Plan.” Members of the Coalition for a Prosperous America (CPA) can review the proposal’s many infrastructure spending efforts here. In addition to planned projects, the plan also contains numerous ways to pay for its $2.25 trillion price tag. Here’s our top…
David Morse is tax policy director at the Coalition for a Prosperous America Education Fund. Follow him on Twitter @CentristinIdaho. There was a lot of fuss in late 2017 when Congress passed the Tax Cut and Jobs Act (TCJA). The legislation was expected to significantly revamp America’s tax system — and hopefully tackle the thorny…
