Research report

The effects of state tax policy on economic growth, entrepreneurship, and employment remain controversial. Using a framework that in prior research generated significant, negative, and robust effects of taxes on growth, we find that neither tax revenues nor top income tax rates bear stable...

December 1, 2015
William G. Gale, Kim S. Rueben, Aaron Krupkin
Research report

The effects of state tax policy on economic growth, entrepreneurship, and employment remain controversial. Using a framework that in prior research generated significant, negative, and robust effects of taxes on growth, we find that neither tax revenues nor top income tax rates bear stable...

December 1, 2015
William G. Gale, Kim S. Rueben, Aaron Krupkin
Research report

The possibility of introducing a value-added tax (VAT) in the United States has been discussed on a sporadic basis for several decades. This paper examines issues related to small business and entrepreneurship under a VAT. Section II discusses the basic mechanics of a VAT, including the...

March 1, 2016
William G. Gale, Hilary Gelfond, Aaron Krupkin
Research report

The possibility of introducing a value-added tax (VAT) in the United States has been discussed on a sporadic basis for several decades. In this policy brief, which is based on Gale, Gelfond, and Krupkin (2015), we examine issues related to small business and entrepreneurship under a VAT. We also...

March 1, 2016
William G. Gale, Hilary Gelfond, Aaron Krupkin
Research report

After worsening sharply during the Great Recession, the long-term fiscal outlook generally improved through 2015, due to a combination of legislative acts and lower projected growth of health care spending. The same factors and the slow but steady economic recovery helped reduce short-term...

February 24, 2016
William G. Gale, Alan J. Auerbach
Research report

The American family is changing. Individuals marry later, divorce more frequently, or live together without being married. Nonmarital births, complex custody arrangements, and multiple generations of families living together are more common, but the tax system has not kept pace. Although tax...

March 3, 2016
Elaine Maag, H. Elizabeth Peters, Sara Edelstein
Research report

Many federal tax reform proposals would eliminate the state and local tax (SALT) deduction. Although deficit reduction often is the rationale, there are arguments for eliminating the deduction based on economic efficiency, equity, and improved federal fiscal policy. Eliminating the deduction,...

March 31, 2016
Frank Sammartino, Kim S. Rueben
Research report

Originally posted November 16, 2010. Updated on November 18, 2010, to include analyses in which only the income tax expenditures are eliminated but payroll tax expenditures remain. Updated again on November 24, 2010, to include an additional option that would retain 80 percent of the tax...

November 10, 2010
Eric Toder, Daniel Baneman
Research report

We link below to distribution tables for the tax reform proposal put forward by the Bipartisan Policy Center Debt Reduction Task Force on November 17, 2010. We provide estimates for the plan as it would look in 2022, 10 years after its proposed enactment, evaluated at 2018 income levels. We...

November 17, 2010
Eric Toder
Research report

More than 10 million Americans require long-term care supports and services. Yet the system for delivering and paying for this assistance is deeply flawed. While most of the frail elderly and those with disabilities prefer assistance at home, many must live in nursing homes to receive Medicaid...

June 15, 2009
Howard Gleckman