Tax Policy Center


Business Taxes: TaxVox
In recent days, President Obama has painted the risks of climate change in apocalyptic terms. Speaking in Anchorage, AK on Monday, Obama warned that without quick action to slow or reverse global warming, "entire nations will find themselves under severe, severe problems: More drought. More floods
September 1, 2015Howard Gleckman
Business Taxes: TaxVox
Do you know about the No Climate Tax pledge ? I didn’t until I read a column over the weekend by the Washington Post ’s always-interesting Catherine Rampell. The vow is sponsored by Americans for Prosperity, a conservative political advocacy group closely associated with the Koch brothers. And it
June 2, 2015Howard Gleckman
: TaxVox
Washington Governor Jay Inslee proposes a statewide cap and trade program. The Democrat released details of his carbon pollution market program that would give the state’s Department of Ecology authority to set annual goals aimed at reducing emissions to half of 1990 levels. Inslee would extend the
January 5, 2015Renu Zaretsky
Individual Taxes: TaxVox
EPA’s proposed tough new standards for power-plant emissions of greenhouse gasses opens the door to new state or regional cap-and-trade systems to limit carbon discharges. It is less clear whether it would go the next step and permit states to impose their own carbon tax. The proposed EPA rules,
June 2, 2014Howard Gleckman
: TaxVox
Appreciation for depreciation is really, really expensive. Perhaps unsurprisingly, the House Ways and Means Committee easily approved permanent restoration of bonus depreciation for capital investment yesterday. The Committee’s party-line vote would make permanent a measure to let companies write
May 30, 2014Renu Zaretsky
Individual Taxes: TaxVox
The other day, President Obama proposed a modest and largely aspirational plan to respond to climate change. Unlike some of his past efforts, it did not include new proposals for highly targeted tax subsidies aimed at reducing the use of carbon-based fuels by encouraging “green” energy. The tax
July 1, 2013Howard Gleckman
Individual Taxes: TaxVox
GOP presidential candidates are blasting President Obama for not lowering the price of gasoline. Rep. Steve Scalise (R-LA) doesn’t stop there. He claims Obama is deliberately driving prices to $4 a gallon. He’s not. But he should. In an election year, Obama may be the last guy who wants gas prices
March 13, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
You know the Washington Rule: Liberals will never support spending cuts and conservatives will never back tax increases. Yet, there is one new levy that at least some on the right do support—a carbon tax . Backing for this idea has popped up in some interesting places. Most recently, the American
June 2, 2011Howard Gleckman