Tax Policy Center

oil prices

: TaxVox
The recent runup in oil prices and general inflation have boosted tax benefits from the “last-in, first-out” (LIFO) inventory accounting tax break. LIFO tax expenditures,...
May 12, 2022Thornton MathesonThomas Brosy
: TaxVox
With gasoline prices spiking, many state legislatures are debating whether to suspend gas taxes in an effort to provide some relief to consumers. But higher...
April 1, 2022Lucy Dadayan
Individual Taxes: TaxVox
Dave Camp on tax reform: “It can be done.” Retiring House Ways & Means Chair Dave Camp remains optimistic . The Hill reports that a deal to extend expiring tax breaks could give Camp’s successor, Paul Ryan, a chance to secure broad GOP support for a tax reform plan. About that tax extender deal
December 1, 2014Renu Zaretsky