Two federal income tax incentives for business investment are scheduled to end after 2021 and 2022, just as the small business sector will be recovering from the economic downturn of the COVID-19 pandemic. In this policy brief, Jennifer Rabb and Lisa Lin of the McNair Center propose that Congress, under the leadership of the new Biden administration, should extend these tax incentives to bolster the recovery of small businesses.
With the cost of virgin plastic directly affected by oil and natural gas prices, the global plastics economy is highly vulnerable to shocks. The authors argue that in order to advance sustainability and solve existential crises like resource depletion and the environmental and social impacts of climate change, high-income countries should take the lead on the development of transparent, closed loops for plastics.
DOI: https://doi.org/10.25613/JXVH-K250
Rachel A. Meidl, Vilma Havas, Brita StaalJanuary 21, 2021
A defense diplomacy shielded from the influence of nationalistic and partisan sentiments presents a valuable opportunity for the U.S. to advance regional security in the Indo-Pacific, and to forge a path to a more equitable and peaceful future with China, writes nonresident scholar Daniel Katz.
The authors assert that the time is ripe for the United States and Europe to take the lead on shepherding a systems-level change in the recycling market, strengthened by government regulation and legislation. They examine the economic, social, and environmental impacts of mismanaged waste and argue that the Covid-19 pandemic could serve as a catalyst for action toward a global, circular economy.
Given the advantages of an LLC and frequent advice to form one, the authors explore the reasons for the low adoption of the LLC form of business by entrepreneurs and ways to increase its use.