President Biden's foreign policy is colored by both decisiveness and a realism that falls short of his idealism, with a result that draws elements of Trump's and Obama's approaches together, writes fellow Joe Barnes. Read his post on our blog.
Paris and Washington are past the immediate AUKUS crisis, but two major, related issues will remain high on Biden’s foreign policy agenda for the balance of his term, writes fellow Joe Barnes: China’s military expansion in the Pacific and the EU’s role in great power politics.
Read more at the Baker Institute Blog.
The federal government aims to narrow the $1 trillion gap between cryptocurrency taxes owed and those actually paid. Read how it's doing so in the Baker Institute Blog.
Joe Barnes explores why, in the absence of a viable alternative that does not involve an open-ended commitment in Afghanistan, President Biden’s plan to withdraw makes sense — even if it does entail potential real costs and real risks. Read his post in the Baker Institute Blog.
You may have read that nonfungible tokens (NFTs) have introduced an extremely lucrative way to sell digital work, like art. Beyond the question "what's an NFT?" is how the sometimes-extraordinary proceeds are taxed. Center for Public Finance fellow Joyce Beebe explains in the Baker Institute Blog.
With the rise of the gig economy has come an increase in concerns about tax compliance. This blog post reviews two recent changes to tax reporting rules for the sharing economy sector — the comeback of Form 1099-NEC and a reduction in the reporting threshold of Form 1099-K — and their implications for tax administration and reporting.
Why did Mexico’s state-owned PEMEX buy a Houston-area oil refinery this week, when many other oil companies are moving away from fossil fuels? Post-doctoral energy fellow Adrian Duhalt explains in the Baker Institute Blog.
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
2021 changes to Mexico’s Hydrocarbon Law are expressions of state power through legal reforms, and are exceptionally alarming. Nonresident scholar Miriam Grunstein explains in the Baker Institute Blog.
The $1.9 trillion American Rescue Plan Act, which became law in mid-March, left out the mandate to increase the federal minimum wage to $15 per hour, but it did lead to an open policy discussion about current minimum wage standards. In a post for the Baker Institute Blog, public finance fellow Joyce Beebe considers some of the pros and cons of increasing the minimum wage and possible future developments.
