2016 election

Clinton and Sanders Face Off Over Who Should Pay for New Social Programs

Hillary Clinton and Bernie Sanders both want to create ambitious new government programs to help middle-income families with medical and education costs and family leave. Both say they’d pay for those initiatives by raising taxes. But there is an important difference between them: Clinton would

January 12, 2016Howard Gleckman

Federal Budget and Economy: TaxVox

What Can Congress and President Obama Accomplish in 2016?

Can Congress and President Obama, who have battled over policy for seven years, reach consensus over key tax and other issues in the months leading up to the 2016 election? To ask the question is practically to answer it, but it is worth taking a closer look at the policy dynamics. Start by

January 4, 2016Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Five Questions to Ask When You Look at a Presidential Candidate’s Tax Plan

I recently suggested that voters look seriously at the tax proposals being touted by presidential candidates, even though those plans have little chance of ever becoming law as proposed. But what should those voters look for as they sort through these complex ideas? Here are five questions you

December 29, 2015Harvey Galper

Campaigns, Proposals, and Reforms: TaxVox

Trump Would Slash Taxes for the Top 0.1 Percent By An Average of $1.3 Million, Add Nearly $10 Trillion to the Debt

Donald Trump’s tax plan would add $9.5 trillion to the national debt from 2016 to 2026 and another $15 trillion in the following decade (before added interest), according to a new analysis by the Tax Policy Center. Nearly all households would get a tax cut under the plan, averaging about $5,100 in

December 22, 2015Howard Gleckman

Federal Budget and Economy: TaxVox

The TaxVox Lump of Coal Awards for the Ten Worst Tax Ideas of 2015

It is time for TaxVox’ s annual Lump of Coal awards for the worst tax ideas (or most depressing tax stories) of 2015. As always, choosing the Top 10 was not easy, but here they are: 10. The Michigan House . Lawmakers tried to pay for new transportation projects by eliminating the state’s earned

December 21, 2015Howard Gleckman

Federal Budget and Economy: TaxVox

The Hidden Agenda Behind This Year’s Tax Extender Bill

While Republican presidential hopefuls were debating in Las Vegas, congressional leaders announced they had agreed to restore and extend dozens of special interest tax cuts—many permanently. And those GOP candidates for the White House? They’ve promised to repeal nearly all of the tax breaks

December 16, 2015Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Why You Should Pay Attention to the Presidential Candidates’ Tax Proposals

The presidential election is nearly a year away, but many candidates have already rolled out detailed tax reform plans. On the GOP side, we’ve seen proposals from Jeb Bush (the subject of a rigorous Tax Policy Center analysis ), Marco Rubio, Ted Cruz, and Donald Trump, among others. Among Democrats

December 15, 2015Harvey Galper

Federal Budget and Economy: TaxVox

Bush’s Tax Plan Would Add $6.8 Trillion to the National Debt, Benefit High-Income Households

Jeb Bush’s tax plan would boost deficits by $6.8 trillion between 2016 and 2026 and overwhelmingly benefit the highest income taxpayers, according to a new analysis by the Tax Policy Center. With added interest costs, the plan would boost the national debt by more than $8 trillion by 2026. After

December 7, 2015Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

How the Tax Policy Center Analyzes Presidential Candidates’ Tax Plans

Since 2004, the Urban Brookings Tax Policy Center has been analyzing the tax plans of presidential candidates. We are doing the same for the 2016...

December 7, 2015Leonard E. Burman

Individual Taxes: TaxVox

Clinton's Caregiver Credit Adds To Her List of Tax Breaks, Sharpens Her Contrast With The GOP

The contrast couldn’t be more stark, and it seems to be getting stronger. The likely Democratic presidential nominee, Hillary Clinton, would aggressively use the tax code to achieve social and economic goals, cut taxes on many middle-income people, and raise taxes on high-income households. Every

November 23, 2015Howard Gleckman