Extenders

The 2019 Tax Act Was A Modest Step In The Wrong Direction

In the face of a looming shutdown of the federal government last week, Congress passed, and the president signed, legislation providing funding through September 30,...

December 23, 2019Safia Sayed Steven M. Rosenthal

Federal Budget and Economy: TaxVox

Temporary Tax Policy in the U.S.

Last week, I testified before the House Ways and Means Subcommittee on Select Revenue Measures on the topic of temporary tax policy. The panel called...

March 19, 2019Mark J. Mazur

: TaxVox

Digging Deeper into the President’s “Middle Class Economics” Plan

An analysis lays a foundation for debate. The TPC has a new paper on the distributional effects of the President’s tax proposals . His tax cuts primarily benefit low-income single workers and families with children. Households with very high incomes and substantial capital assets would pay more. A

February 2, 2015Renu Zaretsky

Individual Taxes: TaxVox

My Favorite (Expired) Tax Breaks

And now, for a lighter look at tax extenders, here’s a song that borrows the tune of The Sound of Music’s “My Favorite Things.” If you’re looking for something more serious, check out Len Burman’s TaxVox thoughts on the issue . My Favorite (Expired) Tax Breaks Special deductions of teachers’

December 1, 2014Roberton C. Williams

Individual Taxes: TaxVox

Why Not Ditch the Medical Device Excise Tax and Boost Cigarette Taxes?

Senate Republicans are insisting that the 2.3% excise tax on medical devices, enacted as part of the Affordable Care Act, be repealed as part of the package extending expired tax provisions . Democratic Senate Majority Leader Harry Reid says the proposal to chip away at part of Obamacare is not

May 23, 2014Leonard E. Burman