Investing in America’s Young Adults, In ternational Corporate Taxation, and More

June 14, 2022

Across the country, many states, cities, and counties are using flexible funding from the American Rescue Plan to invest in educational and career opportunities for young adults. Martha Ross highlights some noteworthy initiatives and explains why these investments are a smart bet on the future.

In 2019, U.S. multinational companies reported more than half of their foreign earnings in seven major tax havens: Bermuda, the Cayman Islands, Ireland, Luxembourg, the Netherlands, Singapore, and Switzerland. With U.S. lawmakers weighing various international corporate tax proposals, Wendy Edelberg, Chye-Ching Huang, and Rose Jenkins present six facts to keep in mind.

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“Just as federal investment in the 1960s to the 1980s incubated the breakthrough technologies that made today’s internet possible, U.S. policymakers now have an opportunity to facilitate major advances in quantum computing—and make them as widely available as possible,” argue Michael Raymer and Saikat Guha.

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