Publications by Topic
Topic: Simplification and Administration
Real Tax Reform is Always Hard: Some Advice for the Task Force (Article/Tax Facts)
Author(s):
C. Eugene Steuerle
Political theater? Such is the label many have attached to the tax reform task force headed by Paul Volcker. But I heard the same claim made about President Reagan's State of the Union request for a tax reform study from the Treasury Department to be made only after the 1984 election was over. Congress literally burst out laughing.
Published: 11/05/09
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Remove the Return (Article/Tax Facts)
Author(s):
William G. Gale
The Volcker task force on tax reform, part of the President's Economic Recovery Advisory Board, faces a daunting task that is made materially more difficult by ex ante constraints placed on its purview and recommendations. Broad-based reform proposals seem to be out of the question, and distributional constraints appear to eliminate many serious ideas. Nevertheless, I believe that significant tax simplification is feasible despite the task force's constraints, and I will take it as a given that simplification
is desirable.
Published: 09/09/09
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Automatic Enrollment in IRAs: Costs and Benefits (Article/Tax Facts)
Author(s):
Benjamin H. Harris , Rachel M. Johnson
To encourage better retirement saving, President Obama recently proposed policies that would require firms without retirement savings plans to automatically enroll their workers in IRAs. In addition, the president proposed an expansion of the Saver's Credit to be fully refundable and available to middle-income taxpayers. This report estimates the revenue costs and distributional effects of the president's proposals.
Published: 08/31/09
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Conversations: Leonard Burman (Interview)
Author(s):
Sam Young
Tax Notes, July 27, 2009. Leonard E. Burman is a fellow at the Urban Institute and director of the Urban-Brookings Tax Policy Center. He previously served as deputy assistant secretary for tax analysis at the Treasury Department from 1998 to 2000 and as senior analyst at the Congressional Budget Office. This fall, he will become the first Daniel Patrick Moynihan Chair in Public Policy at the Maxwell School of Syracuse University. Burman recently sat down with Tax Analysts' Sam Young to discuss his future plans, the outlook for healthcare reform in Congress, and his proposal to create a VAT to pay for healthcare.
Published: 07/28/09
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Who Pays No Income Tax? (Article/Tax Facts)
Author(s):
Roberton Williams
Nearly half of all tax units will pay no income tax in 2009. The fraction of non-taxpayers differs widely, depending on income, tax filing status, and whether the unit is elderly or contains children.
Published: 07/02/09
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Different Way to Pay for Health Reform (Commentary)
Author(s):
Leonard E. Burman
Washington Times op-ed, May 19, 2009. Expanding health-care access is a top priority for the Obama administration, and leaders in Congress are on board. Political leaders also agree that any health insurance expansion must not increase the deficit. So how do we pay for health care without sinking the economy? The best option would be to phase in a value-added tax (VAT) dedicated to paying for health care. Packaged with the right bells and whistles, the VAT would help revive the economy, offset the burden on low-income families, and help slow health-care costs.
Published: 05/28/09
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A Blueprint for Tax Reform and Health Reform (Research Report)
Author(s):
Leonard E. Burman
This paper outlines a plan for a VAT dedicated to paying for a new universal health insurance voucher combined with a vastly simplified and much flatter income tax. Top income tax rates could be cut to 25% or less and most taxpayers would not have to file returns. The health care voucher would offset the inherent regressivity of a VAT, since the voucher would be worth more than the VAT tax paid by most households. Moreover, with the VAT rate tied to health spending, the public would have a vested interest in reining in the growth of health care costs.
Published: 04/07/09
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President-Elect Obama's Tax and Stimulus Plans (Occasional Paper)
Author(s):
Roberton Williams
During the presidential campaign, Barack Obama proposed a comprehensive tax plan that would raise taxes on high-income taxpayers, cut taxes for low- and middle-income households, and lose $2.9 trillion dollars of revenue over ten years. Obama will take office with the economy in sharp recession and a deteriorating fiscal situation, made worse by new spending on a bailout plan. Faced with those crises, Obama says he will pursue both his campaign tax plan and additional tax-related proposals addressing problems created by the downturn. This paper examines revenue and distributional effects of the tax plan and describes some stimulus proposals.
Published: 01/08/09
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When Marginal and Statutory Tax Rates Differ (Article/Tax Facts)
Author(s):
Benjamin H. Harris , Ruth Levine
From an economic perspective, marginal tax rates play a critical role in determining the consequences of a change in tax policy. In an uncomplicated tax system the marginal rate is simply equal to the statutory rate. For millions of taxpayers, however, marginal tax rates differ markedly from statutory rates. Because of the tax code's wide array of phase-ins and phaseouts the majority of taxpayers face a different marginal rate than their statutory rate. Marginal and statutory rates differ for about two-thirds of married filers and heads of households and for about one-third of single filers.
Published: 11/21/08
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The Presidential Candidates' New Tax Proposals - October 27, 2008 (Occasional Paper)
Author(s):
Roberton Williams
In response to the deterioration of the economy and the decline in asset values, Senators McCain and Obama have offered new proposals related to unemployment compensation, retirement savings, taxation of capital gains, and job creation. Although the proposals would provide some benefit, they have significant shortcomings.
Published: 10/27/08
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