Tax Policy Center

capital gains

Business Taxes: TaxVox

Tax Gimmick in a BOXX

Bloomberg recently reported on an exchange traded fund (ETF) with the ticker symbol BOXX that exploits various tax rules to transform what’s effectively interest income,...
March 1, 2024Steven M. Rosenthal
Business Taxes: TaxVox

In SCOTUS Moore Case, Taxation Without Receipt of Cash is Fair Game

The US Supreme Court will soon hear oral arguments in a case that raises a question most people have likely never even considered: Can your...
December 1, 2023Steven M. Rosenthal
Federal Budget and Economy: TaxVox

Examining the Tax Rules at Risk in SCOTUS Moore v. US Case

Later this year, the US Supreme Court will hear Moore v. United States , a case in which the plaintiffs are challenging the constitutionality of...
October 11, 2023Eric Toder
Individual Taxes: TaxVox

Taxation of Capital Income Is Not Race Neutral

The Internal Revenue Code generally does not refer to race or ethnicity, but federal income taxes may contribute to racial disparities when factors that affect...
September 28, 2023Janet HoltzblattLaura KawanoRobert McClellandGabriella Garriga
Individual Taxes: TaxVox

Taxing Capital Gains at Death at A Higher Rate Than During Life

President Joe Biden and Senate Finance Committee Chair Ron Wyden (D-OR) have proposed different ways to tax unrealized capital gains every year. Their shared goal...
May 13, 2022Steven M. RosenthalRobert McClelland
Business Taxes: TaxVox

Rethinking the Incidence of the Corporate Income Tax

Debates about corporate income tax cuts follow a familiar script. Republicans claim that rank-and-file workers benefit . Democrats argue that affluent shareholders reap the gains...
May 10, 2022William G. GaleSamuel Thorpe
Business Taxes: TaxVox

Wyden’s Billionaire Income Tax Is Ambitious But Problematic

Senate Finance Committee Chairman Ron Wyden (D-OR) likes to say : “There are two tax codes in the United States: one for workers who pay...
October 25, 2021Steven M. Rosenthal
Individual Taxes: TaxVox

Pro Publica’s Billionaires: Stories Behind the Story

Pro Publica’s recent story about the small amount of tax paid by many of the nation’s billionaires has focused new attention on what critics say...
June 15, 2021C. Eugene Steuerle
Campaigns, Proposals, and Reforms: TaxVox

Biden’s Tax On Large Capital Gains At Death Will Catch A Few With Annual Incomes Of Less than $400,000

President Biden’s campaign promise never to raise taxes on those making $400,000 or less annually will inevitably conflict with his proposal to tax unrealized capital...
May 27, 2021Howard GleckmanRobert McClelland
Campaigns, Proposals, and Reforms: TaxVox

TPC Compares President Biden’s Tax Agenda With Candidate Biden’s: Where It Differs and Where It Tracks

When Joe Biden ran for president, his campaign platform included dozens of relatively specific tax proposals. They ranged from expanding refundable tax credits for low-...
May 21, 2021Howard Gleckman