Tax Policy Center

Eugene Steuerle

Individual Taxes: TaxVox
A couple of weeks ago I donated six cases of water to our neighbors in Flint, Michigan . I’m not alone. In an outpouring of love and solidarity for a city that’s been stuck with poisoned tap water for two years, average Americans and big-name celebrities from across the country have donated
February 2, 2016Renu Zaretsky
Individual Taxes: TaxVox
Scrambling to make a last-minute charitable donation to beat the New Year’s Eve deadline for a 2014 tax deduction? Take a deep breath and ask yourself, “Why am I going through this craziness now?” Why is an activity that is largely (though not entirely) tax-motivated built around the end of the
December 30, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
In his new book, Dead Men Ruling , my Tax Policy Center colleague Gene Steuerle delivers a powerful indictment of the current epidemic of irresponsible fiscal policy. But Gene isn’t writing about deficits and today's economy. His focus is on the long-term political, social, and economic
May 13, 2014Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
House Ways and Means Committee Chair Dave Camp deserves credit for proposing a tax reform that takes on many special interests, something too few other elected officials are willing to do. But one provision mistakenly threatens the survival of most community foundations without improving the tax
April 24, 2014C. Eugene Steuerle
Campaigns, Proposals, and Reforms: TaxVox
Buried deep in House Ways & Means Committee Chair Dave Camp’s tax reform plan is a proposal to require donor-advised funds to distribute contributions within five years. The proposal would be a major change for these charitable vehicles, where funds currently can sit indefinitely. Donor-advised
April 22, 2014Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
House and Senate budget negotiators have reached what can only be called a temporary fiscal truce—if they can convince their congressional colleagues to accept it. House Budget Committee Chair Paul Ryan (R-WI) and Senate Budget Committee Chair Patty Murray (D-WA) hammered out a lowest-common-
December 11, 2013Howard Gleckman
Individual Taxes: TaxVox
As regular readers of Tax Vox know, I don’t believe there is much chance President Obama and Congress will agree on individual broad-based tax reform in 2013. Without a deal on how much this new tax system should raise, talking about a big rewrite is futile. However, Obama and Congress still have
February 21, 2013Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Can the income tax fund the government we seem to want? Probably not. Will lawmakers create a revenue system that will? Not anytime soon. That was the consensus of four tax policy experts at an Urban Institute panel I moderated this afternoon. The panelists--historian Joe Thorndike, Urban Institute
February 5, 2013Howard Gleckman
Individual Taxes: TaxVox
If income tax deductions are capped or limited—an idea that often comes up in the debate over both the fiscal cliff and long-run tax reform—the biggest losers could well be charities. At a time when the government role in providing a safety net may shrink, many of these groups may become
December 5, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
Upward mobility has been a foundation of America’s self-image since the 18 th century. If you work hard enough, nothing can stop you from getting ahead. That, at least in the minds of many Americans, is what distinguishes us from much of the rest of the world. Yet, according to my always-
July 19, 2012Howard Gleckman