Donald Marron

Tax Subsidies May Not Help Start-Ups as Much as Lawmakers Think

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

Could EPA’s New Greenhouse Gas Rules Open the Door to a State-based Carbon Tax?

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

Corporations, Local Revenues, Tough Love, and Carbon

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

Turning Carbon Tax Theory Into Reality

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

Seven Tax Issues Facing Small Business

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

Federal Budget and Economy: TaxVox

The U.S.May Not Default on Friday But Washington Is Still Playing A Dangerous Game

What’s going to happen on October 18 if Congress doesn’t vote to increase the debt limit? Probably nothing. Make no mistake, Washington is still wading...

October 15, 2013Howard Gleckman

Federal Budget and Economy: TaxVox

It is Never Good When the U.S. Treasury Gets Compared to Brazil

The other day, I was talking to a guy who closely watches Washington for big foreign investors. Like most of us, his clients are struggling...

October 8, 2013Howard Gleckman

Individual Taxes: TaxVox

The Costs of Debt Limit Brinksmanship

Today I had the chance to testify before the Joint Economic Committee about a perennial challenge, the looming debt limit. Here are my opening remarks...

September 18, 2013Donald Marron

Individual Taxes: TaxVox

The Fed and America’s Debt

Is the Federal Reserve part of the government? You might think so, but you wouldn’t know it from the way we talk about America’s debt...

July 15, 2013Donald Marron

Federal Budget and Economy: TaxVox

Smart Tax Reform Could Shrink the Government

Max Baucus and Dave Camp, leaders of the Senate and House tax-writing committees, are on the road promoting tax simplification. One goal: cleaning out the...

July 8, 2013Donald Marron