UM scholar gives talk on racial disparities in the US tax system

The University of Macau (UM) held a University of Macau Development Foundation Professorial Fellowship Lecture today (27 November). Wu Yonghong, University of Macau Development Foundation Professorial Fellow of Government and Public Administration and head of the Department of Government and Public Administration in the Faculty of Social Sciences, delivered a lecture titled ‘The Color of Taxation: An Empirical Analysis of Income Tax Burden in the US’, where he used empirical evidence to reveal structural inequalities in the US tax system.

UM Vice Rector Michael Hui introduced Prof Wu. During the lecture, Prof Wu explained that racial tax inequality in the US stems from structural income differences. Although measures such as the Earned Income Tax Credit and Child Tax Credit offer some relief, they remain insufficient. He recommended expanding key tax credits, improving tax education for disadvantaged groups, and reassessing tax incentives tied to asset income.

Wu Yonghong

Michael Hui

The Q&A and discussion session