000			01511nab a2200277 c 4500
999			_c148390 _d148390
003			ES-MaIEF
005			20231025133950.0
007			ta
008			231025t2023 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100			_960722 _aGoodman, Lucas W.
245		0	_aDelivering aid to businesses through the payroll tax system _bthe case of the employee retention credit _c Lucas Goodman
500			_aResumen.
504			_aBibliografía.
520			_aDuring the COVID-19 pandemic, Congress enacted the Employee Retention Credit (ERC), a payroll tax credit paid to firms experiencing pandemic-related hardship. This paper uses administrative tax data to study the claiming of this credit. While firms have claimed nearly $100 billion of the credit, we find take-up to be highly imperfect even in contexts where nearly universal eligibility is expected. We find that the credit was mostly paid as a lump sum after the end of the quarter. Finally, we find that the progressivity of the ERC depends on whether the incidence of the ERC fell on business owners or employees.
650		0	_aPANDEMIAS _967998
650		0	_aCORONAVIRUS _967999
650		4	_aCRISIS ECONOMICAS _941525
650		4	_aEMPRESAS _943504
650		4	_aGASTOS FISCALES _950212
650		4	_aTRABAJADORES _947884
650		4	_aSALARIOS _948349
650		4	_aESTADOS UNIDOS _942888
773	0		_9170356 _oOP 233/2023/2 _tNational Tax Journal _w(IEF)86491 _x 0028-0283 _g v. 76, n. 2, June 2023, p. 439-463
942			_cART