Tax Policy Center

Build America Bonds

Individual Taxes: TaxVox
Senator Ron Wyden (D-OR), about to become the new chairman of the Senate Finance Committee, said Friday that he aims to eventually rewrite what he described as a “dysfunctional, rotting mess of a carcass that we call the tax code.” But in an acknowledgement of the challenges of tax reform, Wyden
February 10, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
States trying to decide whether to expand their Medicaid programs to cover more low-income uninsured might want to take a look at the fate of a more obscure federal program—cash subsidies to state and local governments that sell certain kinds of bonds, especially Build America Bonds. If they do,
March 7, 2013Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
As politicians and their allies look for ways to finance tax rate cuts, a surprising option is getting a great deal of attention among conservatives: The tax exemption for municipal bonds. Mitt Romney’s economic adviser Glenn Hubbard, The Wall Street Journal editorial page, and the American
August 28, 2012Howard Gleckman