Tax Policy Center

individual income tax

Campaigns, Proposals, and Reforms: TaxVox

Biden Lays Out An Ambitious, But Familiar, 2024 Campaign Tax Agenda

Last night’s State of the Union address probably was President Biden’s last first-term speech to Congress. But it also was his first big-stage re-election campaign...
March 8, 2024Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Conservatives Lay Out Their Second Term Trump Tax Policy

A policy agenda developed by influential conservative groups for a second Donald Trump presidential term already has received attention for its controversial immigration recommendations ...
February 29, 2024Howard Gleckman
Individual Taxes: TaxVox

The Supreme Court’s Search For An Off-Ramp In the Moore Case

Yesterday’s oral arguments in Moore v. United States made one thing clear: The Supreme Court has little interest in blowing up the tax code. While...
December 6, 2023Howard Gleckman
Federal Budget and Economy: TaxVox

A First Look At The Revenue Provisions Of Biden’s 2024 Budget

A First Look At The Revenue Provisions Of Biden’s 2024 Budget President Biden’s 2024 budget would raise taxes by more than $4.5 trillion over the...
March 9, 2023Howard Gleckman
Federal Budget and Economy: TaxVox

CBO: $19 Trillion In New Debt Over The Next Decade, Mostly From Programs Nobody Will Cut

The Congressional Budget Office estimates the national debt will increase by $19 trillion over the next decade under current law, $3 trillion more than it...
February 16, 2023Howard Gleckman
Individual Taxes: TaxVox

Making The TCJA’s Individual Tax Cuts Permanent Would Add More than $3 Trillion To The Federal Debt, Mostly Benefit High-Income Households

During the recent congressional election campaign, House Republicans said one of their top priorities would be to make permanent the individual tax changes in the...
November 30, 2022Howard Gleckman
Individual Taxes: TaxVox

What Will The Mid-Term Election Mean For Tax Policy?

With Democrats retaining narrow control of the Senate and Republicans on the cusp of winning the barest of majorities in the House, it will be...
November 16, 2022Howard Gleckman
Individual Taxes: TaxVox

TPC: The Number Of Those Who Don’t Pay Federal Income Tax Drops To Pre-Pandemic Levels

After dramatically rising during the worst of the pandemic, the number of households who pay no federal income tax has fallen sharply. It will remain...
October 27, 2022Howard Gleckman
Federal Budget and Economy: TaxVox

Ignore the Debate Over Whether the Inflation Reduction Act Raises Taxes on Those Making $400,000 Or Less

As Congress is about to pass the Inflation Reduction Act, Washington is once again having a breathless debate over very little. This one is about...
August 12, 2022Howard Gleckman
Individual Taxes: TaxVox

Cryptocurrency Is Primarily An Investment, Not Money. It Should Be Taxed That Way

Senators Pat Toomey (R-PA) and Kyrsten Sinema (D-AZ) have proposed exempting cryptocurrency transactions of $50 or less from capital gains taxes. While it seems like...
August 1, 2022Howard Gleckman