Tax Policy Center

Poverty

State and Local Issues: TaxVox

The Federal Government Can Help Baltimore And Other Cities in Trouble, But It Takes More Than Money

The recent feud between President Trump and Representative Elijah Cummings (D-MD) over conditions in Baltimore may have one benefit: it lets us reopen a debate...
August 13, 2019Tracy Gordon
: TaxVox

Trump Proposal Would Limit Green Cards And Visas For Immigrants With Low Incomes Or Government Assistance

On September 21 st , the Trump Administration proposed a regulation limiting access to legal permanent residency status (green cards) and other visas for immigrants...
September 28, 2018Aravind BoddupalliKim S. Rueben
Individual Taxes: TaxVox

How To Improve the Child Tax Credit for Very Low-Income Families

The Tax Cuts and Jobs Act made many changes to the individual income tax. In particular, the child tax credit (CTC) was increased to provide...
April 19, 2018Elaine Maag
: TaxVox

A Billionaire Saves, Two Words Disappear, and Three Provisions Protect

There’s more than one way to skin a cat (and reduce taxes). Warren Buffett, chairman of Berkshire Hathaway, has made a swap for Procter & Gamble’s interest in Duracell. The “cash-rich split-off” means that Berkshire Hathaway bought Duracell in exchange for its appreciated P&G stock, worth $
November 14, 2014Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox

Questions About Expanding the Childless EITC

As the idea of expanding the “childless EITC” gathers steam, it’s time to start thinking about what the next generation of worker credits should look...
February 5, 2014Elaine Maag
Campaigns, Proposals, and Reforms: TaxVox

How Rubio’s Anti-Poverty Plan Could Help Improve Aid to Low-Income Workers

Senator Marco Rubio (R-FL) has offered the outlines of an ambitious plan that he says would end poverty. One creative piece: Replace the well-known and...
January 28, 2014Elaine Maag
Federal Budget and Economy: TaxVox

News Flash: Antipoverty Programs Can Reduce Poverty

In 1998, when I was Deputy Assistant Secretary for Tax Analysis at the Treasury Department , I asked my staff expert on the Earned Income...
November 7, 2011Leonard E. Burman