Tax Policy Center

Bill Gale

: TaxVox
Shutdown, Omnibus Spending, Continuing Resolution : So many choices in the wake of an Executive Action. The newly emboldened GOP ( or is it? ) has several options when responding to last night’s executive order on immigration issued by President Obama. After its Thanksgiving break, Congress will
November 21, 2014Renu Zaretsky
: TaxVox
Congress is in recess through the mid-term elections. Read the Daily Deduction each Monday until then. “ California, here I come !” It’s official: Democratic Governor Jerry Brown signed into law a $330 million annual incentive program for film and television production. Feature films with budgets
September 22, 2014Renu Zaretsky
: TaxVox
Maybe the duck will walk again? Lawmakers are putting down their markers on anti-inversion legislation. Top Senate Democrats Dick Durbin and Chuck Schumer have introduced a bill to curb “earnings-stripping” by multinational corporations—a practice where firms maximize U.S. tax deductions for
September 11, 2014Renu Zaretsky
Individual Taxes: TaxVox
Can individual income tax reform that cuts rates and eliminates subsidies increase economic growth? How about tax cuts by themselves? The answer is: Maybe, but not by much, according to a new paper by the Tax Policy Center’s Bill Gale and Andrew Samwick, director of The Nelson A. Rockefeller Center
September 10, 2014Howard Gleckman
: TaxVox
Inversions: The waiting is the hardest part. At yesterday’s TPC event Treasury Secretary Jack Lew promised an anti-inversion decision “soon,” but committed to no other details . While everybody agrees corporate inversions are done largely to avoid taxes, does Treasury have the authority to prevent
September 9, 2014Renu Zaretsky
: TaxVox
Treasury speaks on business tax reform at TPC. Tune in this morning. Treasury Secretary Jack Lew will address business tax reform and will be followed by a panel discussion on corporate inversions, a US tax avoidance strategy. The panel includes Sally Katzen of the NYU School of Law, TPC’s Steven
September 8, 2014Renu Zaretsky
: TaxVox
Congress is in recess until Monday, September 8. The Daily Deduction will resume its regular schedule when Congress returns. “ There will be credits .” Alaskans like the way oil industry profits are taxed --barely. The state grants a corporate income tax credit for qualified oil and gas service-
September 2, 2014Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox
A new paper by Brookings Institution scholars and Tax Policy Center colleagues Bill Gale, Adam Looney, and Samuel Brown is generating lots of media buzz...
August 2, 2012Howard Gleckman