The bipartisan “no taxes on tips” proposal is the most prominent example of a politically attractive soundbite bumping aside sound policy.

Campaigns and political party platforms provide limited policy details. That’s by design: especially in a campaign, politicians tend to accentuate what they will do for...

Donald Trump would exempt overtime pay from tax. Kamala Harris and Trump both agree that tips should be exempt. There are lots of tax exclusions in the tax code, but this form of tax subsidy is especially costly, regressive, and prone to abuse.

Trillions of dollars of unrealized capital gains permanently escape taxation, disproportionately benefitting the richest Americans. Congress could close this loophole.

Only a handful of all employees and fewer than 60 percent of tipped workers would benefit from proposals to exempt gratuities from federal income tax,...

The fate of a government agency’s funding is always precarious—and especially so for the Internal Revenue Service, one of the most unpopular federal agencies in...

Republican presidential nominee Donald Trump recently proposed cutting the current 21 percent corporate tax rate to 15 percent for companies that do not outsource, offshore, or replace American workers. The Trump campaign has not yet indicated how this rate would be structured or enforced, but, drawing on past experience and research evidence, TPC staff below suggest some issues to consider.

One of the most common tax complaints I hear from small business owners is about filing their taxes. Paying isn’t their biggest objection, though they...

Both Donald Trump and Kamala Harris are promoting a troubling idea: Hyper-targeting tax subsidies to narrowly favored activities or occupations. While Trump and Harris are...

Many families find child care expensive and difficult to access . Senators Tim Kaine (D-VA) and Katie Britt (R-AL) have proposed legislation that would expand...