Americans are as flexible as they are resilient, so it comes as no surprise that they are efficiently adapting to a post-pandemic world. For sure, the health crisis has not been entirely vanquished. Although more than 50 percent of the adult population has been fully inoculated, vaccine hesitancy, emerging variants and greater social interactions could still lead to a rise in Covid infections.
That’s the greatest risk facing the economy, one that would certainly stymie the torrid rebound in growth that is now underway. June 2021 Economic and Financial Digest
The Tax Cuts and Jobs Act (TCJA) of 2017 represented a pivotal moment in U.S. fiscal policy, primarily aimed at overhauling the corporate tax system.