In 2022, Congress reintroduced a corporate alternative minimum tax (CAMT) as part of the Inflation Reduction Act. The intent? Address the?long-standing?concern?that large, profitable corporations often pay little to no federal taxes. Yet in a new paper, Elena Patel describes how the new CAMT is unlikely to fix that problem. "While CAMT policies aim to ensure that these corporations contribute something, they have not fixed the underlying reasons why companies pay so little in the first place," Patel writes. Read more:
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You may know the NPR Planet Money pitch - give us any topic and we can tie it back to the economy. A listener, who is a nurse, asked why he keeps seeing his hospital run out of basic but critical drugs. This got the Planet Money reporters wonder: "In a market economy like ours, shortages are a puzzle. Laws of supply and demand should basically solve them. "So what is going on here? Why have the basic economic dynamics failed to solve this problem, and what can be done to fix it?" NPR's Sally Helm went on a search for answers and put together a great explainer as to why markets fail patients. I was glad to contribute to this wonderful episode, alongside CivicaRx 's Ned McCoy. #NPR #MoneyPlanet #DrugShortages #Healthcare #Pharmaceuticals #ExpertInsights
Why do hospitals keep running out of generic drugs? : Planet Money
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