Top Stories

Treasury Seeks $200 Billion More for Small Business Aid Program

The Treasury Department will ask Congress for $200 billion more to aid small businesses, according to a person familiar with the matter, and Senate Majority Leader Mitch McConnell said the Senate could act as soon as this week to provide additional money.

New York Shifting Sales Tax Receipts to Help Hospitals

New York is diverting sales tax proceeds to help struggling hospitals, and Massachusetts tax revenue actually came in ahead of expectations in March. In California, meanwhile, business groups aren’t entirely pleased, but counties agreed to waive interest and fees on late property taxes. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the coronavirus pandemic. For Friday’s coverage click here. Here’s a state-by-state roadmap.

Opportunity Zones: Will Tax Break for Investors Benefit Communities Too?

The 2017 tax overhaul included incentives to invest in distressed communities. Investors benefit from tax breaks and the designated opportunity zones benefit from economic investment, but critics say already-wealthy investors don’t need these breaks.

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U.S.-France Digital Tax Truce

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Sen. Warren on Wealth Tax, Trade War and Medicare For All

Why Billionaire Presidential Candidate Tom Steyer Supports the Wealth Tax

Why Warren’s Wealth Tax Could Push Billionaires Into Private Equity

N.J. Governor Murphy Says Trump 'Weaponized' Tax Law

Trump Weighs Weakening Obama's Corporate Inversion Rule

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Balance Sheets Return to Prominence

How Congress Will Step in to Solve State Tax Chaos