The Next Business Tax Regime: What Comes After the TCJA
This essay presents the case for a better US business tax regime. First, we provide an overview of the business tax base in the United States and describe how business activity is taxed, with special focus on the 2017 Tax Cuts and Jobs Act (TCJA). We then review early evidence of the TCJA’s effects on ...
Foreword: Building a More Resilient US Economy
The Aspen Economic Strategy Group’s sixth annual policy volume focuses on building a more resilient US economy. Several major economic and geopolitical disruptions and developments in recent years—including the global COVID-19 pandemic, Russia’s invasion of Ukraine, and growing tensions with China—have heightened the need to get our domestic finances in order, strengthen supply chains, and ...
Aspen Economic Strategy Group Releases 2023 Annual Policy Volume: Building a More Resilient US Economy
Washington, DC, November 8, 2023 – The Aspen Economic Strategy Group (AESG) today released its sixth annual policy volume, Building a More Resilient US Economy. The book’s publication comes as the US faces historically high levels of debt that threaten the resiliency of the nation’s economy, including the ability to invest in key priorities and ...
Figure 3: Actual and projected annual deficits for Social Security
From, “Reforming Social Security for the Long Haul,” by Mark Duggan
Figure 1: Federal debt held by the public, 1940-2053
From “High and Rising US Federal Debt: Causes and Implications,” by Karen Dynan.