Tax Policy Center


Campaigns, Proposals, and Reforms: TaxVox
Paul Ryan and the House Republicans rolled out a new tax plan last week that promises to lower rates, eliminate tax preferences, and simplify the federal tax system. One attractive promise: “Simple, Fair ‘Postcard’ Tax Filing” that would cut your income tax return down to just 14 lines.
June 27, 2016Roberton C. Williams
Individual Taxes: TaxVox
At last night’s GOP debate, Senator Marco Rubio accused Ted Cruz of sneaking a value-added tax (VAT) into his tax reform plan. RUBIO: Here is the one thing I'm not going to do. I'm not going to have something that Ted described in his tax plan. It's called the value-added tax. And it's a tax you
January 14, 2016Leonard E. Burman
: TaxVox
Some GOP Kansas legislators may wish they could pack their bags and go home. And they did, over the weekend, but will be back in session today to try to pass a bill that fills the state’s $400 million budget hole with tax increases and other revenue-raising measures. It’s no easy task, given
June 8, 2015Renu Zaretsky
: Daily Deduction
Flat tax chatter: Just small talk or a deeper conversation? The Hill examines GOP presidential hopefuls Rand Paul and Ted Cruz and their ideas for an across-the-board tax rate. A flat tax will disproportionately benefit higher earners, and even some in the GOP say that makes it a non-starter. But
April 21, 2015Renu Zaretsky
: TaxVox
The House may vote this week on a one-year retroactive tax break extension. Maybe you’ve heard this song before, but Bloomberg reports the GOP figures the bipartisan tax extender package proposed last week is in fact dead. As many as one in six taxpayers could be affected without an extension of
December 2, 2014Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox
With Rick Santorum surging in Iowa, it is a good time to take a look at his tax agenda . While his revenue plan has received almost no attention, it plays a major role in his “faith, family and freedom” campaign. His playbook: lower rates for individuals and corporations, substantially cut taxes on
January 3, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Texas Gov. Rick Perry says he wants to cut taxes for everyone and balance the budget. It's probably impossible to do both. Sadly, Perry’s new fiscal plan may fail at each. But just how far short he falls depends on what you’re measuring his plan against. I was a pretty decent basketball player
November 1, 2011Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
One of the biggest problems with Texas Governor Rick Perry’s optional flat tax may be the choice it gives taxpayers. Perry says you can either pay his new tax or pay under today’s system, whichever results in a lower bill. That sounds great, but it is a policy disaster. This is the tax code we're
October 26, 2011Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
In a couple of weeks, President Obama will ask Congress to extend this year’s payroll tax cut. It will surely become a classic Washington double-reverse rhetorical moment. I can’t wait to hear Obama lift some of House Speaker John Boehner’s (R-OH) best lines about the folly of raising taxes in the
August 18, 2011Howard Gleckman
Federal Budget and Economy: TaxVox
A majority of Senate Republicans yesterday took a symbolic but hugely important vote to eliminate $6 billion in tax subsidies for the production of ethanol . And, so far at least, they have not turned into pumpkins. The symbolism of their vote should not be underestimated. In a small but important
June 15, 2011Howard Gleckman