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Table of Contents Key Findings Introduction Review of the U.S. Corporate Income Tax — The Statutory Corporate Income Tax and American Competitiveness — Corporate Tax Changes and Marginal Effective Tax Rates — Economic, Revenue, and Distributional Impact of a Corporate Income Tax Increase — Impact of the Corporate Income Tax on Workers — Corporate Income…
Read MoreWith a new president and Congress sworn in, many Americans are wondering what’s next — and how policies of the new administration will impact them. When it comes to retirement, Americans have a few priorities they’d like to see policymakers address. The 20th Annual Transamerica Retirement Survey of Workers asked about retirement financial security issues…
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While the entry of third-party, or alternative, reinsurance capital slowed after recent heavy catastrophe years and resulting challenges they brought, those difficulties also “affirmed the persistence of third-party capital owners,” rating agency AM Best has said. Third-party capital has increasingly found its routes into the reinsurance market becoming easier, more efficient and with reduced friction,…
Read MoreYou may have heard or seen firsthand how fast home prices have risen. In January, home value appreciation was 9.1% higher than one year prior, the largest annual increase since 2006, according to new data from Zillow. Perhaps less known is this: The cost of renting is affected, too. But unlike with home prices —…
Read MoreThis story originally appeared on Filterbuy. One of the most impactful demographic trends across the United States in the coming decades will be the growth in the population aged 65 and older. Much of the country is graying as more baby boomers, who were until 2019 the U.S.’s largest generational cohort, reach retirement age. The…
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France headquartered global reinsurance firm SCOR noted this morning that the COVID-19 coronavirus pandemic is creating the conditions for stronger reinsurance growth, alongside positive pricing dynamics, which it puts down to a general increase in risk aversion as a result of the pandemic crisis. In reporting its annual results this morning, SCOR revealed an increase…
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Twelve Capital, the Zurich headquartered insurance and reinsurance linked investment fund manager, has almost doubled the size of its flagship UCITS catastrophe bond fund in a year. At the end of January 2020, the insurance-linked securities (ILS) fund manager had reported that the Twelve Capital’s Cat Bond UCITS fund had reached $550 million in assets…
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“Something had to give, and it would either be clinical medicine, or my business. I finally had to admit I was no longer fulfilled to the same level doing hospitalist work. So I made the decision to leave my clinical job. It was so terrifying that I put off making a decision for months. I…
Read MoreDelaying filing; inbox anxiety; a new voice; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-fun-times-ahead
Read MoreLeaders of the House Ways and Means Committee want the Internal Revenue Service to assist taxpayers who are getting information returns in the mail for unemployment benefits they never received. Original Article Posted at : https://www.accountingtoday.com/news/congress-asks-irs-to-help-identity-theft-victims-with-stolen-unemployment-benefits
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