Tax Policy Center

standard deduction

Campaigns, Proposals, and Reforms: TaxVox
As anyone can attest, the 2016 presidential election is very different from the 2012 race. One less obvious contrast is between the tax plans of...
August 4, 2016Yifan Zhang
Campaigns, Proposals, and Reforms: TaxVox
An ambitious tax reform plan proposed by Sen. Mike Lee (R-UT) would provide generous new tax credits for families with children and repeal the Alternative Minimum Tax, while at the same time eliminating the standard deduction and nearly all itemized deductions. More than 60 percent of households
March 12, 2014Howard Gleckman
Individual Taxes: TaxVox
Let’s say you are truly offended that 47 percent of Americans don’t pay income tax. Just complaining won't fix the problem. All those freeloaders are still out there, dodging their responsibilities as red-blooded taxpaying Americans. So, let’s stop fooling around and do something about it. Here is
September 27, 2012Howard Gleckman