Chinese Manufacturers Could Earn Up To $125 Billion in U.S. Renewable Energy Tax Credits

U.S., European, and Chinese solar equipment manufacturers have rushed out announcements of investment in factories to make U.S. solar panels and related equipment since the Inflation Reduction Act (IRA) was signed into law last year. The tax credits designed to spur a move to solar energy are generous and the U.S. could soon be producing…

Raimondo Speech Marks Biden Administration Endorsement of Industrial Strategy

A little-noticed speech by Commerce Secretary Gina Raimondo last week was a rousing endorsement of industrial strategy by a senior Biden administration official as the way forward for the U.S. economy. Raimondo minced no words as she called for the private sector and America’s educational institutions to join the fight to position the U.S. as…

Written Testimony – How U.S. International Tax Policy Impacts American Workers, Jobs, and Investment

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…