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IRS Decision Not to Tax Certain Payments Carries Fiscal Cost

The New York Times – Business:

The Biden administration has opted not to tax state payments to residents, a decision that could add to the nation’s fiscal woes.

Linda Qiu
Author: Linda Qiu

This post first appeared in The New York Times – Business. Read the original article.

Written by

Linda Qiu and Alan Rappeport

in

Federal Budget (US), Internal Revenue Service, National Debt (US), Politics and Government, Rebates and Refunds, States (US), Tax Credits, Deductions and Exemptions, Taxation, United States Economy
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