Tax Policy Center

economic stimulus

Campaigns, Proposals, and Reforms: TaxVox
Sadly, the House Ways & Means Committee has turned on its head a proposal by its chairman, Dave Camp (R-MI) to repeal bonus depreciation for business capital investment. Instead of scrapping the measure, which Congress originally passed in 2008 as a temporary anti-recession tonic, the panel has
May 29, 2014Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Over the past week or so, Bill Clinton, Larry Summers, and Glenn Hubbard have all made the same suggestion: Congress should extend all of the...
June 7, 2012Howard Gleckman
Individual Taxes: TaxVox
My Tax Policy Center colleague Eric Toder and I are mystified by how unRepublican the House GOP’s Small Business Tax Cut Act really is. Sure,...
April 24, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
The 2-percentage-point payroll tax cut extended by Congress in December and again last week will save workers a total of $114 billion this year, according...
February 20, 2012Roberton C. Williams
Federal Budget and Economy: TaxVox
As state legislatures return for what promises to be yet another difficult budget year , they ought to be starting to refill their rainy day...
January 17, 2012Brian Galle
Federal Budget and Economy: TaxVox
House Republicans are right about one thing at least: Extending this year’s payroll tax cut for two months is ridiculous. The trouble is they are...
December 20, 2011Howard Gleckman
Federal Budget and Economy: TaxVox
The fate of The Temporary Payroll Tax Cut Continuation Act of 2011 remains uncertain. But thanks to a carefully crafted technical change to the current...
December 19, 2011Roberton C. Williams
Federal Budget and Economy: TaxVox
Last December, Congress replaced the two-year-old Making Work Pay tax credit (MWP) with this year’s payroll tax cut. That change cut taxes for higher-income workers,...
December 5, 2011Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox
Senate Democratic Leader Harry Reid’s plan to fund a $445 billion stimulus, err, jobs bill with a 5.6 percent surtax on millionaires is not all...
October 6, 2011Howard Gleckman
Federal Budget and Economy: TaxVox
It turns out that President Obama’s plan to limit the benefit of itemized deductions is much more than that. Not only would it reduce tax...
September 13, 2011Howard Gleckman