Connecticut Lawmakers Mull Capital Gains Surtax

Tax Policy – Connecticut Lawmakers Mull Capital Gains Surtax Governor Ned Lamont (D) is sounding a skeptical note, but in Connecticut’s legislature, a capital gains surtax proposal may be gaining steam. Under the proposal, capital gains—both short- and...

Sources of Government Revenue in the OECD, 2019

Tax Policy – Sources of Government Revenue in the OECD, 2019 Key Findings In 2017, OECD countries raised one-third of their tax revenue through consumption taxes such as the Value-Added Tax (VAT), making consumption taxes on average the most important...

Germany Proposes First R&D Tax Break

Tax Policy – Germany Proposes First R&D Tax Break Last week, German Finance Minister Olaf Scholz finalized his proposal for a new research and development (R&D) tax credit. The German federal cabinet is expected to pass the measure in mid-May,...