Tax Policy Center

fiscal cliff

Federal Budget and Economy: TaxVox
At his press conference yesterday , President Obama said it is nearly impossible to raise taxes on the wealthy (a key piece of his fiscal...
November 15, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
You can tell when Congress and the President have tough choices to make. That’s when they trot out the euphemisms—all aimed at making what they...
November 13, 2012Howard Gleckman
Individual Taxes: TaxVox
So the dance begins. President Obama, House Speaker John Boehner (R-OH), and various other lawmakers are starting to lay down their markers as they look...
November 9, 2012Howard Gleckman
Individual Taxes: TaxVox
Each year when I complete my federal income tax return, Turbotax tells me my average tax rate—how much tax I owe measured as a percentage...
October 9, 2012Roberton C. Williams
Federal Budget and Economy: TaxVox
The fiscal cliff is big (more than $500 billion in scheduled tax increases in 2013) and complicated (involving literally dozens of tax provisions, not just...
October 3, 2012Donald Marron
Federal Budget and Economy: TaxVox
This afternoon, I moderated an Urban Institute panel on taxes and the fiscal cliff. The fundamental question on the table: Will Congress have to tumble...
October 2, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
If Congressional gridlock sends the U.S. government tumbling over the fiscal cliff later this year, Americans could face an average tax hike of almost $3,500...
October 1, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
The Congressional Budget Office’s summer budget update charts two undesirable paths for the nation’s economic and fiscal health next year. Call them Gloom and Doom...
August 23, 2012Roberton C. Williams
Individual Taxes: TaxVox
In the strange alchemy of Washington, Congress can magically turn a tax increase into a tax cut. And to make it happen, all it has...
July 17, 2012Howard Gleckman
Federal Budget and Economy: TaxVox
By now, you know the great taxmageddon story: At the end of the year, a lame duck Congress and a new or newly re-elected president...
May 24, 2012Howard Gleckman