Research report

The United States has a worldwide system that taxes the dividends its resident multinational corporations receive from their foreign affiliates, while most other countries have territorial systems that exempt these dividends. This report examines the experience of four countries – two with long-...

January 21, 2015
Rosanne Altshuler, Stephen Shay, Eric Toder
Research report

There is widespread agreement that the college financial aid system is too complicated and acts as a barrier to higher education. This report focusses on how eight different simplification proposals for determining Pell grant eligibility and three alternatives for calculating Effective Family...

November 10, 2015
Kim S. Rueben, Sarah Gault, Sandy Baum
Research report

The Long-Term Care Financing Collaborative, an ad hoc group representing a broad ideological spectrum of independent policy experts as well as representatives of consumer groups, the insurance industry, and service providers, has proposed major changes in the way long-term supports and services...

February 22, 2016
Long-Term Care Financing Collaborative
Research report

The federal individual income tax has had many more brackets and much higher rates in the past than it does today. In 1958, for example, there were 24 brackets (versus 6 today) and the top rate was 91 percent (versus 35 percent today). The impact of more brackets and higher rates on taxpayers...

October 12, 2011
Daniel Baneman, James R. Nunns
Research report

The earned income tax credit (EITC) is the most effective antipoverty program targeted to working-age households, delivering $60 annually. Critics note a relatively high error rate – with errors often stemming from complicated rules about who counts as a “qualifying child”. We analyze data from...

September 30, 2015
Elaine Maag, Mike Pergamit, Devlin Hanson, Caroline Ratcliffe, Sara Edelstein, Sarah Minton
Research report

Over the past seventy years Congress has enacted dozens of tax and transfer programs, giving little if any attention to the marriage subsidies and penalties that they inadvertently impose. Although the programs affect both rich and poor Americans, the penalties fall most heavily on low- or...

September 13, 2005
Adam Carasso, C. Eugene Steuerle
Research report

The Urban-Brookings microsimulation tax model is a powerful tool for federal tax policy analysis. The model calculates tax liability for a representative sample of households, both under the rules that currently exist (current law) and under alternative scenarios. Based on these calculations,...

January 10, 2005
Jeffrey Rohaly, Adam Carasso, Mohammed Adeel Saleem
Research report

Corrective taxes can encourage healthier, safer, and less polluting behavior. But how should governments use their revenue? Options abound to cut other taxes, boost spending, or reduce borrowing. We organize those uses into four categories: offsetting new burdens, furthering the same goal,...

January 29, 2016
Adele C. Morris, Donald Marron
Research report

Small business is the source of our entrepreneurial genius, creativity, and productivity. Nonetheless, a substantial portion of our economic activity occurs within large corporations, non-profits and public enterprises. This paper discusses how the federal income tax treats firms of different...

January 30, 2008
Eric Toder
Research report

In 1979, federal taxes claimed 8 percent of the income of households in the lowest quintile of the income distribution.1 Over the following three decades, the average
effective tax rate (ETR) taxes as a percentage of income fell by nearly half to 4.3 percent in 2005. Most of the decline...

August 19, 2008
Roberton C. Williams