Tax Policy Center

presidential campaign

Campaigns, Proposals, and Reforms: TaxVox
The Tax Policy Center’s new tables showing the revenue and distributional effects of capping itemized deductions have received a great deal of attention since we released them on Tuesday. Our results show that capping deductions can raise a large amount of revenue in a quite progressive manner.
October 19, 2012Roberton C. Williams
Individual Taxes: TaxVox
In last night’s debate, Mitt Romney repeated the idea that he could pay for much or all of the 20 percent rate reduction and other tax cuts in his tax plan by capping itemized deductions at $25,000. He had previously suggested a $17,000 cap in an interview and, in the first debate, $25,000 or $50,
October 17, 2012Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox
If only Mitt Romney had paid attention to Ronald Reagan. There are so many things the former Massachusetts governor could learn from the former California governor’s presidential campaigns. But I have in mind only one lesson not learned—how Reagan ran on tax reform in 1984. Reagan only cautiously
September 14, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
In a recent paper , we showed that any revenue-neutral tax reform that included Governor Romney’s specific tax cuts and that met his stated goal of not raising taxes on saving and investment would cut taxes for households with income above $200,000 and would therefore necessarily have to raise
August 30, 2012Samuel BrownWilliam G. GaleAdam Looney
Individual Taxes: TaxVox
Tax Policy Center’s analysis of Governor Romney’s tax plan has elicited much comment and misinterpretation. In a new paper , Sam Brown, Bill Gale, and Adam Looney clarify what the original paper did and did not say by addressing in a Q and A format some of the questions that have been raised. The
August 16, 2012Roberton C. Williams