Tax Policy Center

cash income

Individual Taxes: TaxVox

TPC Takes a New Look at Incomes

The Tax Policy Center has changed the way it calculates income . The new definition, which TPC calls “expanded cash income” or ECI, will raise...
July 25, 2013Howard Gleckman
Individual Taxes: TaxVox

102% Tax Rate? Really?

Investment manager James Ross last week told New York Times columnist James Stewart that his combined federal, state, and local tax rate was 102 percent...
February 8, 2012Roberton C. Williams