Tax Policy Center

President Obama

Individual Taxes: TaxVox
Like millions of other Americans, President and Mrs. Obama filed their 2015 tax return shortly before yesterday’s deadline. Unlike most of us, they also posted their return on the White House website for everyone to see. In many ways, their return paints a picture of a typical high-income working
April 19, 2016Roberton C. Williams
Individual Taxes: TaxVox
President Barack Obama and Speaker Paul Ryan have proposed similar expansions of the earned income tax credit (EITC) for low-income workers without children. Their goal is laudable: to provide some modest additional income support for low-income workers currently excluded from the EITC. But as
April 5, 2016C. Eugene Steuerle
Campaigns, Proposals, and Reforms: TaxVox
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 like. Today’s EITC lifts millions of families out of poverty each year by providing a wage subsidy that encourages work. But it largely skips over
February 5, 2014Elaine Maag
Individual Taxes: TaxVox
In his State of the Union speech, President Obama’s called for a new law that would require high-income people to pay at least 30 percent of their income in taxes. In response, Senator Sheldon Whitehouse (D-RI) and Representative Tammy Baldwin (D-WI) have introduced the Paying a Fair Share Act of
February 9, 2012Roberton C. Williams