“For the state of the union to be strong, the revenue system must be as well.” Ahead of President Biden’s 2024 State of the Union address, Vanessa Williamson takes stock of the Internal Revenue Service (IRS) and explains its recent focus on improving services and essential functions, including auditing the most wealthy taxpayers in the United States.
Sustaining place-based economic development. Recent federal legislation authorized billions of dollars for place-based industrial development in U.S. regions looking to transform their economies, but congressional appropriations will likely not be sufficient, David L. Johnson and Mark Muro emphasize.
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