Skip to content
Matrix Global Advisors
Matrix Global Advisors
  • Home
  • About
  • News
  • Our Work
  • Contact
  • Home
  • About
  • News
  • Our Work
  • Contact
Sep112020
Testimony

Efficient and Targeted Tax Policy During the Coronavirus Pandemic

Alex Brill | House Committee on Ways and Means Subcommittee on Select Revenue Measures

My testimony begins with an overview of the economic impact of the pandemic and our current economic situation. I then make five recommendations for tax policies that would help unemployed workers return to work and facilitate the continuity of health benefits for laid-off workers:

1) Expand the employee retention tax credit
2) Expand the child and dependent care tax credit
3) Offer premium assistance to cover the cost of COBRA
4) Enact the Safe and Healthy Workplace Tax Credit
5) Temporarily expand the Work Opportunity Tax Credit

I also address several provisions that should not be enacted – namely, a second round of economic rebate payments, elimination of the cap on state and local tax deductions, and an expanded child tax credit – and highlight budgetary concerns with costly and poorly targeted tax relief. Finally, I emphasize the urgency of legislative action.

Read Here

September 11, 2020Category: Testimony
Tags: Congressional testimonycoronaviruseconomic recoverystimulustax policy

Post navigation

PreviousPrevious post:Families Need More Pandemic Tax Relief, Democrats SayNextNext post:Demand for FDA Action Amid Shuffle
  • Analysis(27)
  • Books(2)
  • Events(13)
  • Interviews(33)
  • News(43)
  • Op-Eds(59)
  • Press Releases(2)
  • Testimony(18)
  • Almost-Speaker McCarthy
    November 23, 2020
  • Nursing Homes Prepare for Third COVID-19 Surge
    October 26, 2020
  • Impact of the Coronavirus Pandemic on Red, Blue, and Swing States
    October 20, 2020
  • Trump Roils Markets with Conflicting Statements on Pandemic Relief
    October 7, 2020

Website Design and Developed by DreamBig Creative