For children to thrive, they need to have their basic needs met. When needs go unmet, children’s opportunities are compromised. The Census Bureau estimates that 12.4 percent of children were living below the poverty line in 2022, a tremendous jump from the 5.2 percent of children living in...

This public comment highlights the usefulness of the Survey of Income and Program Participation (SIPP) for analyzing family dynamics, income support, and income changes throughout the year and over longer time periods. If the Census Bureau follows through with a proposal to reduce the SIPP...

This comment letter to the US Senate Finance Committee addresses the tax treatment of cryptocurrency staking. Stakers validate blockchain transactions and receive compensation for that work in the form of more cryptocurrency tokens. They should pay ordinary income taxes on the rewards they...

Prospects for wealth taxes are poor, in part because the wealthy have shown themselves quite able, with the help of current campaign finance laws, to shape tax legislation in their own interest. Fortunately, a better alternative is available — taxing inheritances. This brief describes how such a...

Conventional wisdom holds that U.S. productivity growth, the weakest it has been in more than a quarter-century, is the reason for today’s subpar GDP growth and low wages. But is the conventional wisdom correct? Rudolph G. Penner comments in this article which was originally published by ...

Bill Gale discusses the current tax reform initiatives by Congress and the Administration and outlines some issues Republicans may face when trying to pass tax legislation in this...

Eric Toder and Alan Viard describe the need for corporate tax reform in this U.S. News & World Report opinion editorial.

Even before the ruins of the World Trade Towers stop smoldering, Congressional leaders are quietly planning to revive their favorite scheme to boost the economy—a $20 billion plus cut in capital gains taxes, possibly as an add-on to minimum wage legislation. Proponents, led by Senate Minority...

The Economic Growth and Tax Relief Reconciliation Act of 2001 phased out the estate tax by 2010, but it is scheduled to be restored, along with the rest of the 2001 tax changes, in 2011. This commentary argues that the federal estate tax is the most progressive tax in the federal system, an...