tax incentives

: TaxVox

Should Government Use Tax Incentives to Encourage People to Get The COVID-19 Vaccine?

Tax incentives can encourage action that supports the public good—like lifting children out of poverty, giving to charity, pursuing higher education, or using alternatives to fossil fuels. How about helping end a global pandemic?

May 5, 2021Renu Zaretsky

: TaxVox

The TCJA’s Cap On Mortgage Interest Deductions Tells Us That Taxes Matter, Up To A Point

When Congress passed the Tax Cuts and Jobs Act in December of 2017, it made a number of changes to the individual income tax (almost...

September 13, 2019Robert McClelland Safia Sayed

State and Local Issues: TaxVox

Amazon HQ2 Tax Incentives: There Ought To Be A Law… Or Something

Amazon’s decision to build big new facilities in New York City and Northern Virginia prompted a predictable outcry about the reported $2 billion plus in...

November 20, 2018Tracy Gordon

Campaigns, Proposals, and Reforms: TaxVox

Trump’s Carrier deal sets a bad precedent

Carrier Corporation, which makes heating and cooling equipment, announced in February that it was moving facilities to Mexico where labor costs are significantly lower than...

December 2, 2016Norton Francis

Individual Taxes: TaxVox

The Case of a Good Walk, and Tax Expenditure, Spoiled

“Here’s why your golf purchases could become tax deductible.” The Golf Digest headline popped up in my review of tax news a couple of weeks ago. Tax policy can be confusing, but this blew my mind. I married into a family of golfers, and I like golf (sometimes I even love it), but how on earth could my husband or I deduct the cost of our golf purchases?

June 1, 2016Renu Zaretsky

: Daily Deduction

Tax Fraud, Tax Cut Flaws, and Tax Incentives

On the Hill. Today the Senate Finance Committee will consider a bill to prevent identity theft and tax refund fraud, and the House Ways & Means Committee will mark up trade legislation . Yesterday the Senate voted to reauthorize the Federal Aviation Administration, and included the passenger

April 20, 2016Renu Zaretsky

: TaxVox

Spending Cuts, Surpluses and Sales Opportunities

The House GOP Budget: No tax reform details. The House Budget Committee unveiled a budget with $5.5 trillion in spending cuts that promises balance by 2024. Committee Chairman Tom Price is confident the budget will pass the House this week. However, TPC’s Howard Gleckman says there is no chance it

March 18, 2015Renu Zaretsky

: Daily Deduction

How Quickly Can Lame Ducks Move Before the Holidays?

On the Hill this week: House Republicans will choose either Paul Ryan or Kevin Brady to be the next Ways & Means Committee chair. But Ryan would have to give up the gavel if he chooses to run for president, according to a new party rule approved last week. Meanwhile, senior tax writing

November 17, 2014Renu Zaretsky

Campaigns, Proposals, and Reforms: TaxVox

Eric Cantor, Tax Increases, and Soup Kitchens

PolitiFact’s Lou Jacobson recently pointed me to a blog post by House Majority Leader Eric Cantor complaining that President Obama’s proposal to limit itemized deductions...

September 30, 2011Roberton C. Williams