During the episode, Jordan highlights the challenges faced by taxpayers and businesses and emphasizes the importance of understanding the impact of policy changes. Jordan also discusses recent court cases and raises concerns about retroactivity in tax laws and the need for fair and transparent tax administration processes.
Other topics discussed include:
- States’ competition and the need to expand tax bases
- How retroactivity in tax laws creates challenges for taxpayers and may violate due process
- Challenges faced by smaller retailers in dealing with compliance burdens
- Alternative apportionment and the court’s role in determining its applicability
- The need for a more comprehensive approach to apportionment
- How taxpayers can engage with state and local jurisdictions to address tax issues and work towards fair and reasonable solutions