Thuronyi, Victor
The paycheck protection programme a tax expenditure in reverse? / Victor Thuronyi .-- , 2020
Bibliografía
The Paycheck Protection Programme (PPP) enacted by the US Congress in March 2020 furnishes an example of a spending programme that could have been structured as a tax provision. If it had been enacted as a tax provision, the PPP would almost certainly have been drafted more tightly, in a way that could support a precise revenue estimate. The Internal Revenue Service might have administered the PPP more effectively and at a lower administrative cost than was involved in using private banks. The lack of public hearings before enactment contributed to poor design of the PPP.
CORONAVIRUS
POLITICA FISCAL
ESTADOS UNIDOS
Intertax 0165-2826 volume 48, issues 8-9, August-September 2020, p. 787-789
The paycheck protection programme a tax expenditure in reverse? / Victor Thuronyi .-- , 2020
Bibliografía
The Paycheck Protection Programme (PPP) enacted by the US Congress in March 2020 furnishes an example of a spending programme that could have been structured as a tax provision. If it had been enacted as a tax provision, the PPP would almost certainly have been drafted more tightly, in a way that could support a precise revenue estimate. The Internal Revenue Service might have administered the PPP more effectively and at a lower administrative cost than was involved in using private banks. The lack of public hearings before enactment contributed to poor design of the PPP.
CORONAVIRUS
POLITICA FISCAL
ESTADOS UNIDOS
Intertax 0165-2826 volume 48, issues 8-9, August-September 2020, p. 787-789