Tax Policy Center

Donald Marron

Business Taxes: TaxVox
The Wall Street Journal reported this morning (paywall) that Exxon, the world’s largest producer of fossil fuels, is actively lobbying for a carbon tax. Yes,...
June 30, 2016Howard Gleckman
Individual Taxes: TaxVox
This week, the Food and Drug Administration proposed voluntary targets for reducing sodium in American diets. Can a salt tax be far behind? The FDA’s proposal comes as a number of jurisdictions in the US and around the world mull various forms of sugar taxes, aimed at both reducing consumption of
June 2, 2016Howard Gleckman
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
Business Taxes: TaxVox
How about using revenue from a carbon tax to help pay for corporate tax rate cuts? That’s the idea proposed yesterday by Rep. John Delaney (D-MD). His political calculation: Democrats would back the bill as a way to reduce carbon emissions and slow climate change. Republicans would support the plan
April 23, 2015Howard Gleckman
Business Taxes: TaxVox
Many tax subsidies help new businesses, especially those financed with borrowed money and organized to avoid the corporate income tax . However, large numbers of start-ups may not benefit from this largess, according to a new study by my Tax Policy Center colleagues Joe Rosenberg and Donald Marron
February 9, 2015Howard Gleckman
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
The House Ways and Means Committee marks up a bill restoring more expired tax breaks tomorrow. On the table: a measure making bonus depreciation for business investment permanent and reforming the tax treatment of some charitable giving. Bloomberg reports that the tax panel will consider whether to
May 28, 2014Renu Zaretsky
Individual Taxes: TaxVox
A carbon tax has great appeal. It could reduce the risk of climate change by building emissions costs into market prices, thus discouraging the use of carbon-based fuels. And it would make a lot of revenue available for a broad range of purposes including reducing other taxes, new spending, or
May 27, 2014Howard Gleckman
Individual Taxes: TaxVox
Today I had the chance to testify before the House Small Business Committee on the many tax issues facing small business. Here are my opening remarks. You can find my full testimony here . America’s tax system is needlessly complex, economically harmful, and often unfair. Despite recent revenue
April 9, 2014Donald Marron