Tax Policy Center

President Trump

Campaigns, Proposals, and Reforms: TaxVox

Permanently Extending the Tax Cuts and Jobs Act, President Trump Would Cut Taxes by $1.1 Trillion through 2030

During each presidential election, the Tax Policy Center analyzes the tax policies of the two major candidates. This year, TPC estimated the effects of Democratic...
October 27, 2020Robert McClellandMark J. Mazur
Campaigns, Proposals, and Reforms: TaxVox

President Trump Wants the Affordable Care Act Overturned. It Would Cut Taxes Substantially for High-Income Households

The highest-income 1 percent of households (those with income more than $788,000) would, on average, receive tax cuts of nearly $28,000.
October 27, 2020Gordon B. Mermin
Federal Budget and Economy: TaxVox

Trump The Disrupter Takes Dead Aim At Social Security

Throughout the 3 ½ years of his presidency, Donald Trump has disrupted nearly every major institution of government, save one.
August 10, 2020Howard Gleckman
: TaxVox

Congress In 2019: What’s Ahead For Fiscal Policy?

The return of divided government and the early stages of the next presidential election create enormous uncertainty about how 2019 will go. As Yogi Berra...
January 4, 2019William G. GaleMark J. Mazur
: TaxVox

The State and Local Tax Deduction Doesn’t Benefit Only Blue State Households

The Trump Administration and key congressional Republicans have proposed repealing the itemized deduction for state and local taxes as one way to help pay for...
September 11, 2017Leonard E. BurmanJohn Iselin
Campaigns, Proposals, and Reforms: TaxVox

Yes, Congress Could Tax Business At 15 Percent In A Revenue-, Distributionally-, and Economically-Neutral Way.

The tax outline proposed by President Trump last April, built around a 15 percent business tax rate, has three deep flaws: It could add more...
August 22, 2017Howard Gleckman
: TaxVox

Three Questions Policymakers Should Be Asking About The Foxconn Megadeal

Last week, President Trump and Wisconsin Governor Scott Walker announced that Taiwanese manufacturer Foxconn, a major supplier of LCD screens to Apple, would receive $3...
August 1, 2017Megan Randall
: TaxVox

Three Main Takeaways from CBO’s Analysis of the President’s Budget

The Congressional Budget Office released its Analysis of the President’s FY2018 Budget last week, estimating that the plan would reduce the federal budget deficit from...
July 18, 2017Frank Sammartino