Research report

Leaders in both parties appear to favor revenue-neutral corporate tax reform that would lower today's 35 percent tax rate while slashing corporate tax breaks. Individual tax reform appears much more contentious, so some observers wonder whether Congress might pursue corporate tax reform by...

May 5, 2013
Donald Marron
Research report

There is widespread agreement that the income tax needs reform, although little agreement about how to do it. A common thread in most reform proposals is to slash most tax expenditures. A 1973 book by Stanley Surrey made the case that cuts in tax expenditures was the "pathway to tax reform."...

July 11, 2013
Leonard E. Burman
Research report

The impact of tax reform on housing prices has traditionally been studied by examining the user cost of capital the after-tax cost to the homeowner per unit of housing. This brief summarizes findings from a new discrete period approach which considers the time element of housing investment and...

September 13, 2013
Benjamin H. Harris
Research report

This report presents three tax reforms designed to promote homeownership through a channel other than the deductibility of mortgage interest. These reforms include a first-time homebuyer tax credit, a refundable tax credit for property taxes paid, and an annual flat amount tax credit for...

January 6, 2014
Amanda EngBenjamin H. HarrisC. Eugene Steuerle
Research report

Over the past few years, the U.S. long-term fiscal situation has improved somewhat and short-term deficits have come down. Perhaps as a result, policy makers have largely turned their attention away from dealing with fiscal issues. The fiscal problem may well be forgotten, but its not gone....

March 6, 2014
William G. GaleAlan J. Auerbach
Research report

Tax expenditures will cost more than $1.4 trillion in fiscal year 2014. Those that support health and housing policies account for more than 40 percent of this number, or about $640 billion. These figures and their accompanying table are calculations derived from the tax expenditure estimates in...

May 1, 2014
Georgia IvsinDonald Marron
Research report

This Tax Fact examines sources of federal and state & local tax revenue, from 1929 to the present. The composition of revenues at all levels of government changed dramatically with World War II, but has remained roughly stable since. At the federal level, payroll taxes have grown...

June 16, 2014
Lydia AustinRoberton C. Williams
Research report

Beginning with his convention acceptance speech, President Bush has been calling for an ‘‘ownership society’’- ‘‘a path to greater opportunity, more freedom, and more control over your own life.’’ Republicans and Democrats alike should welcome this call since in one form or another most have...

January 31, 2005
C. Eugene Steuerle
Research report

Senior Fellow Eugene Steuerle offers his take on upcoming challenges facing the House Ways and Means and Senate Finance Committees after the 2000 election.

September 11, 2000
C. Eugene Steuerle
Research report

Senior Fellow Eugene Steuerle gives the Treasury Department tips on how to make the most of their final months before the 2000 election--specifically with regard to promoting good tax policy.

July 3, 2000
C. Eugene Steuerle