By extending bonus depreciation and introducing neutral cost recovery, the RSC budget would significantly improve the treatment of investment leading to increased growth, expanded employment, and higher wages.3 min read
Tyler Parks is Manager of Government Relations at the Tax Foundation, where he assists in communicating sound tax policy to members of Congress and staff and to state governments around the country.
Prior to joining the Tax Foundation, Tyler worked as staff assistant for Rep. Karen Handel (R-GA).
Tyler graduated, with honors, in 2016 from the University of Georgia with bachelor’s degrees in Political Science and Economics.
He resides in Washington, D.C., and enjoys hiking, skeet shooting, and attending baseball games in his free time.
The United States needs to grow its way out of inflation and set the economy up for continued growth—the tax code provides tools for policymakers to do just that.3 min read
Taxes are once again at the forefront of the public policy debate as legislators grapple with how to fund new infrastructure spending, among other priorities. Our tax tracker helps you stay up-to-date as new tax plans emerge from the Biden administration and Congress.1 min read
Many states are racing to pass budgets, emergency COVID-19 supplemental appropriations, and other must-pass legislation as quickly as possible. We’re tracking the latest state legislative responses to the coronavirus crisis.66 min read
When considering options to eliminate the deferral advantage of capital gains taxation, a lookback charge provides a reasonable solution for taxing hard-to-value assets. However, policymakers need to understand the limitations of a lookback charge compared to both mark-to-market taxation and the current system.16 min read