The COVID-19 Pandemic already feels like a historical turning point akin to Word Wars I and II and the Great Depression. It may signal the end of the second period of globalization (1980-2020) and a change in the relative positions of the US and China. It could also lead in the US to significant changes in tax policy designed to bolster the social safety net which was revealed as very porous during the pandemic. In what follows I will first discuss some short-term effects of the pandemic and then some potential longer-term effects on US tax policy.
Law and Economics | Public Law and Legal Theory | Tax Law
Date of this Version
Working Paper Citation
Avi-Yonah, Reuven S., "COVID-19 and US Tax Policy: What Needs to Change?" (2020). Law & Economics Working Papers. 171.