Welcome

Treasury Plans First Analysis of U.S. Tax Benefits by Race

Dec. 14, 2021, 7:00 PM

The U.S. Treasury is launching an effort to examine the distribution of federal benefits and taxation by race, starting with a look at the pandemic relief payments that were due to most American households.

Deputy Treasury Secretary Wally Adeyemo, along with Lily Batchelder, the Treasury’s assistant secretary for tax policy, wrote in a blog post Tuesday that the analysis of racial data will allow policy makers to “more easily analyze the demographic and equity effects of a variety of tax provisions, shedding sunlight on policy choices and trade-offs.”

Treasury researchers are beginning their work by studying the ...

To read the full article log in.

Learn more about a Bloomberg Tax subscription.