November 30, 2022
TTC/EY Business Tax Policy Barometer (November 2022)
The Tax Council (TTC) and Ernst & Young LLP periodically produce the Business Tax Policy Barometer, providing insights on the business community's perceptions on a variety of business tax and other key policy issues. This 21st Barometer tracks the views reported from October 25 through November 8, 2022.
Results from the Barometer show that high inflation is the top concern for the business community, with 73% of respondents also expecting a US recession within the next 12 months. Respondents view enactment of relief from significant TCJA revenue raisers as unlikely. Business and tax executives need to stay informed of the key policy issues that could impact their operations. Additional details are in the attached publication.
Business Tax Policy Barometer