Brief

The authors examine domestic spending over the 20th century to examine the factors that fueled it. A table highlights the change in federal domestic spending outlays as a percent of gross domestic product by presidential term. The following questions are discussed: (1) What is the relationship...

April 1, 1997
C. Eugene Steuerle, Gordon B. Mermin
Brief

TPC has estimated the distributional impact of repealing the Affordable Care Act’s “Cadillac tax” in 2018 and 2025. While the average tax cut increases with income throughout the distribution, the middle and fourth income quintiles receive the largest share of the tax benefit compared with their...

July 22, 2015
Gordon B. Mermin, Eric Toder
Brief

In a contribution to CNNMoney, Donald Marron argues that minting a $1 trillion platinum coin if Congress refuses to raise the debt ceiling sounds crazy. But it might actually work if done in smaller denominations.

January 8, 2013
Donald Marron
Brief

April is here, which means it's almost time to pony up and render unto Caesar. We've gathered our receipts and other documents, and dragged ourselves to the strip-mall tax preparer or fired up do-it-yourself software to determine how big our refund is -- or how much we owe Uncle Sam. No one...

April 5, 2010
Rosanne Altshuler, Roberton C. Williams
Brief

This year's tax season controversy surrounds the Tax Policy Center's estimate that 47% of households do not owe income tax. The estimate has raised concerns about equity (nearly half of families free-riding on the rest of us) and civic responsibility (can democracy work when half of voters get...

April 19, 2010
Leonard E. Burman
Brief

The tax cuts enacted in 2001 and 2003, known as the Bush tax cuts, are set to expire Dec. 31, and the fight over what to do is increasingly heated. Should the tax cuts expire, as some Democrats have said? Should they be extended, as most Republicans maintain? Or does the answer lie somewhere in...

August 3, 2010
William G. Gale
Brief

The U.S. government is spending more than it is bringing in. The result is the budget deficit. Over the next 10 years, the deficit is projected to exceed $10 trillion if current budget policies are continued. By 2019, even under optimistic assumptions, the deficit will be 5.5 percent of GDP, an...

September 15, 2010
Urban Institute
Brief

The Community Living Assistance Services and Supports (CLASS) Act is a national, voluntary long-term care insurance program included in the Affordable Care Act of 2010. Some congressional critics would repeal the law. But while the measure is poorly designed, it should be reformed. Changes could...

February 15, 2011
Brief

In a contribution to the Christian Science Monitor, Donald Marron discusses strategies to reform Americas broken tax code. Marron proposes ridding the system of corporate and individual tax preferences to create a fairer, simpler, and revenue-generating system with fewer tax breaks and lower...

February 16, 2011
Donald Marron
Brief

Tax reform should focus on three goals:1) reducing needless complexity, 2) reducing backdoor spending through the tax code, and 3) reforming rules for taxing saving and investment to make our tax law more suitable for a globalized economy. This note summarizes steps that should be taken and how...

February 17, 2011
Eric Toder