Tuesday, April 19, 2022
Saito: Context, Function, And Coordination In Taxation
Blaine G. Saito (Northeastern; Google Scholar), Context, Function, and Coordination in Taxation, 55 Conn. L. Rev. __ (2023):
A substantial amount of scholarship focuses on whether or not we should always place social security internet and redistribution packages inside the tax sphere and beneath the duty of the IRS. However a lot of this literature misses a key level. These packages are right here, and they’re unlikely to go away the tax sphere. However little is alleged about how you can strategy administering them.
This text suggests a brand new framework to administering these packages by the IRS known as contextualized goal. The concept is that these tax packages exist in a broader context of the social security internet and redistribution and ought to be organized and managed in a method that comports with that. The IRS would discern the varied functions, values, and objectives of those packages and notice how they interrelate with different functions, values, and objectives inside the tax system and the broader social security internet. Consequently, contextualized goal usually requires that the IRS coordinate with different businesses to keep away from administrative cross-purposes and that the businesses iteratively develop by studying by doing.
The article makes use of contextualized goal to look at and counsel administrative modifications to key earnings help packages just like the earned earnings tax credit score (EITC), the kid tax credit score (CTC), and the pandemic financial influence funds (EIP). It then discusses what are a few of the benefits and considerations with this strategy and the way this strategy fills the hole left by conventional discussions of tax packages to effectuate social coverage.
https://taxprof.typepad.com/taxprof_blog/2022/04/saito-context-purpose-and-coordination-in-taxation.html
