Research report

Taxpayers routinely have too much income tax withheld. Of the 126 million tax returns the IRS processed through April 17, 2015, almost three-quarters resulted in a refund. The average refund was $2,711 with higher average refunds going to the earliest filers.

June 9, 2015
Elaine Maag, Elena Ramirez
Research report

Education expenditures are one of the largest spending areas for state and local governments, and perpupil expenditures have been growing over time. We examine trends in state aid for education and overall education spending and decompose the existing drivers behind growing state costs. We then...

January 23, 2008
Sheila Murray, Kim S. Rueben, Carol Rosenberg
Research report

This report tracks the lifetime earnings of men born in the U.S. between 1940 and 1974, focusing on how earnings differences by educational attainment, age, and year of birth have evolved. Both annual and lifetime earnings inequality increased dramatically for men born in the mid-1950s onward....

April 7, 2014
Josh Mitchell
Research report

Although our tax code contains incentives for charitable giving, numerous impediments weaken these incentives or add undue complexity, contrary to the underlying principle. Many of these impediments also create significant complications for the taxpayer, the charitable sector, and the IRS itself...

May 1, 1995
C. Eugene Steuerle
Research report

Brookings Senior Fellow Henry J. Aaron has been named the recipient of the National Tax Associations 2010 Daniel M. Holland Medal, awarded for his lifetime achievements influencing the study and practice of public finance. Aaron figured prominently in advancing substantive discourse within...

December 16, 2010
The Brookings Institution
Research report

This Tax Fact examines minimum wages across states. The current federal minimum wage, which applies to almost all employees, is $7.25 per hour unchanged since 2010. The District of Columbia and 21 states set minimum wages higher than the federal rate.

April 1, 2014
Norton Francis, Yuri Shadunsky
Research report

President Obama and others have proposed increasing the federal earned income tax credit for workers without qualifying children. That would automatically raise state EITCs in the 23 states that calculate a state-level credit for this group as a percentage of the federal credit.

March 19, 2014
Elaine Maag, Brian David Moore
Research report

Senior Fellow Eugene Steuerle considers the future of the single business tax--it could unwind only over a long period of time. He suggests that any expansion is likely to go hand-in-hand with a reduced reliance on other taxes. It could give states more elastic and stable tax sources. At the...

November 23, 1998
C. Eugene Steuerle
Research report

Some have called for eliminating the itemized deduction for state and local income and property taxes as part of tax reform. This Tax Facts column looks at the states most affected by the current deduction and some aspects of repeal.

January 17, 2005
Leonard E. Burman
Research report

States and their local governments vary both in their needs to provide basic public services, and in their abilities to raise revenues to pay for those services. A forthcoming joint study by the Tax Policy Center and the New England Policy Center at the Federal Reserve Bank of Boston, uses the...

October 23, 2006
Sonya Hoo, Yesim Yilmaz