Combined Tax Rates and Creating a 21st Century Social Welfare Budget
In testimony yesterday before a joint hearing of two House subcommittees, I urged Congress to modernize the nation’s social welfare programs to focus on early childhood, quality teachers, more...
View ArticleWho Benefits the Most from an Across-the-Board Cut in Individual Tax Rates?
Just about every tax reform plan calls for cutting individual tax rates. But it turns out that a one percentage point across-the-board rate cut would benefit only about six out of 10 households. The...
View ArticleHillary Clinton Outlines Her Play-It-Safe Tax Agenda
In what her campaign billed as a major economic policy speech today in New York, Democratic presidential frontrunner Hillary Clinton outlined her agenda for what she described as a Growth and Fairness...
View ArticleWho Benefits Most From Repealing the ACA Cadillac Tax?
Republicans and some Democrats in Congress are pressing to repeal the Affordable Care Act’s Cadillac tax—a 40 percent excise tax on high-cost employer-sponsored health insurance plans. Backers of...
View ArticleWhy Individual Tax Revenues Will Grow Even If Congress Doesn’t Raise Taxes
The other day, I wrote about new Congressional Budget Office estimates that individual income tax revenues are likely to grow significantly over the next decade. A new paper by my Tax Policy Center...
View ArticleFive Tax Stories To Watch in What Will Be a Wild Fall in Congress and on the...
Congress is back. Fiscal deadlines loom. Presidential candidates have tax plans to propose. It isn’t clear how much lawmakers will accomplish in the next four months, but it will be a busy and...
View ArticleJeb Bush’s Tax Plan: High Marks for Transparency But Key Questions Remain
At first glance, GOP presidential hopeful Jeb Bush’s tax reform plan is a standard lower-the-rates, broaden-the-base overhaul of the revenue code. But a closer look shows a something-for-everyone stew...
View ArticleThe TaxVox Lump of Coal Awards for the Ten Worst Tax Ideas of 2015
It is time for TaxVox’s annual Lump of Coal awards for the worst tax ideas (or most depressing tax stories) of 2015. As always, choosing the Top 10 was not easy, but here they are: 10. The Michigan...
View ArticleWhat Can Congress and President Obama Accomplish in 2016?
Can Congress and President Obama, who have battled over policy for seven years, reach consensus over key tax and other issues in the months leading up to the 2016 election? To ask the question is...
View ArticleIf Banning Negligent Low-Income Households From Taking Tax Credits Is Such a...
Congress has banned more low-income families who file erroneous tax returns from receiving refundable credits. If lawmakers think this is such a terrific idea, why stop at low-income households? For...
View ArticleClinton and Sanders Face Off Over Who Should Pay for New Social Programs
Hillary Clinton and Bernie Sanders both want to create ambitious new government programs to help middle-income families with medical and education costs and family leave. Both say they’d pay for those...
View ArticleBernie Sanders Is Proposing Really Big Tax Increases
It is hard to grasp the enormity of the tax increases Bernie Sanders is proposing, how far out-of-step he is with recent economic history in the U.S., and what a stunning contrast he presents with...
View ArticleThe White House Quietly Rolls Out Its Last Tax and Budget Plan
If the White House wanted to attract attention to its final budget, it could not have picked a worse day to make it public. With official Washington obsessed with today’s New Hampshire primary, the...
View ArticleHillary Clinton Would Raise Taxes On High-Income Households By $1.1 Trillion...
Democratic presidential hopeful Hillary Clinton would raise taxes on businesses and high-income households while making minimal changes to the after-tax incomes of those with low and moderate incomes,...
View ArticleClinton and Sanders Take Two Different Paths to Taxing the Rich
Let’s say you’re a Democrat who wants to raise taxes on rich people. It turns out there are two very different ways to do it: The direct, simple, in-your-face Bernie Sanders version and the indirect,...
View ArticleWho Benefits Most From Repealing the ACA Cadillac Tax?
Republicans and some Democrats in Congress are pressing to repeal the Affordable Care Act’s Cadillac tax—a 40 percent excise tax on high-cost employer-sponsored health insurance plans. Backers of...
View ArticleWhy Individual Tax Revenues Will Grow Even If Congress Doesn’t Raise Taxes
The other day, I wrote about new Congressional Budget Office estimates that individual income tax revenues are likely to grow significantly over the next decade. A new paper by my Tax Policy Center...
View ArticleFive Tax Stories To Watch in What Will Be a Wild Fall in Congress and on the...
Congress is back. Fiscal deadlines loom. Presidential candidates have tax plans to propose. It isn’t clear how much lawmakers will accomplish in the next four months, but it will be a busy and...
View ArticleJeb Bush’s Tax Plan: High Marks for Transparency But Key Questions Remain
At first glance, GOP presidential hopeful Jeb Bush’s tax reform plan is a standard lower-the-rates, broaden-the-base overhaul of the revenue code. But a closer look shows a something-for-everyone stew...
View ArticleThe TaxVox Lump of Coal Awards for the Ten Worst Tax Ideas of 2015
It is time for TaxVox’s annual Lump of Coal awards for the worst tax ideas (or most depressing tax stories) of 2015. As always, choosing the Top 10 was not easy, but here they are:10. The Michigan...
View Article