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SPACs and Select Tax Considerations
Special purpose acquisition companies (SPACs) have experienced a massive surge in popularity over the last year. How do SPACs work, and what are some of the tax implications that investors may overlook? Public finance fellow Joyce Beebe explains on the Baker Institute Blog: https://bit.ly/3t5eMH8
Joyce Beebe April 29, 2021
A man closes his business due to the COVID-19 pandemic.
COVID-19 and the Texas Rainy Day Fund
In late July, Texas Comptroller Glenn Hegar delivered a bleak economic outlook for the state’s economy: the amount of general revenue funds available for the current biennium is expected to be $11.5 billion less than originally estimated. Should the state tap into its rainy day fund to offset the impact of the coronavirus pandemic and facilitate a stable recovery?
Joyce Beebe November 4, 2020
A woman wears a mask during the COVID-19 pandemic.
Mexico’s ‘New Normal’
President López Obrador was skeptical of the coronavirus threat and ignored the recommendations of his own health experts. He downplayed the crisis and relied on his intuition instead of science, with disastrous results. He will be even more distracted in the coming months as he campaigns for re-election.
Rodrigo Montes de Oca June 22, 2020