Tax Policy Center

Mitt Romney

Campaigns, Proposals, and Reforms: TaxVox
As anyone can attest, the 2016 presidential election is very different from the 2012 race. One less obvious contrast is between the tax plans of...
August 4, 2016Yifan Zhang
Individual Taxes: TaxVox
When Mitt Romney released his tax return information during the 2012 presidential campaign, many of us were introduced to the world of supersized IRAs. Romney somehow had a tax-preferred retirement nest egg valued at $101 million. Maybe he got there by making standard annual contributions and
October 14, 2014Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
House Ways & Means Committee chair Dave Camp’s most important contribution to the tax reform debate may be this: By proposing a specific, transparent, and fully-realized reform plan , he has made it far tougher for others to credibly promise trillions of dollars in tax cuts without either
March 14, 2014Howard Gleckman
Individual Taxes: TaxVox
Because politicians seem unwilling to confront specific individual tax preferences, it is likely that any broad-based tax reform will be based on across-the-board curbs on deductions, credits, and exclusions. That’s how lawmakers could generate the revenue they need to reduce tax rates and (perhaps
July 10, 2013Howard Gleckman
Individual Taxes: TaxVox
TaxVox proudly presents its 2012 Lump of Coal awards, Thelma and Louise edition, for the worst fiscal policy ideas of the year. The winners are: 10. California . The Golden State probably deserves a lifetime achievement Lump of Coal Award for its inability to balance its budgets , its government-by
December 24, 2012Howard Gleckman
Individual Taxes: TaxVox
Normally, at the end of each year, investors sell stock (and other assets) to recognize losses to offset gains recognized earlier in the year. Sometimes they do it the other way around, harvesting gains that can be offset by earlier losses. But this year is different: many investors are recognizing
December 14, 2012Steven M. Rosenthal
Campaigns, Proposals, and Reforms: TaxVox
With the U.S. facing huge domestic policy challenges, one might have hoped for a serious debate on fiscal issues between Barack Obama and Mitt Romney. One would have been deeply disappointed. Rather than framing what seem to be profoundly different views of government, the candidates chose to
November 1, 2012Howard Gleckman
Individual Taxes: TaxVox
With the presidential campaign finally reaching a soggy finish, TaxVox is taking a final pre-election look at the tax policies of Barack Obama and Mitt Romney. Last week, we described Obama’s tax policy platform. Here is a rundown of Mitt Romney’s tax agenda. The elevator speech : Romney favors
October 29, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
After all the promises and finger-pointing, the presidential campaign is nearly over. But since the race has shed more heat than light on how each of the candidates would govern, I thought it would be useful to describe exactly what Barack Obama and Mitt Romney have pledged to do on tax policy if
October 25, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
When it comes to taxes, Mitt Romney and Barack Obama are almost perfect mirror images of one another. Here are ten ways their tax plans are different. Romney’s tax agenda is ambitious and opaque. Obama’s is modest but relatively transparent. Obama has shown little interest in broad-based tax reform
October 23, 2012Howard Gleckman