tax increase

: TaxVox

President Biden’s No Tax Hike Pledge Problem

Nobody making under 400,000 bucks would have their taxes raised. Period. Bingo. – Joe Biden, May 22, 2020 Enacting good tax policy is hard under...

March 24, 2021Leonard E. Burman

: TaxVox

Votes and Consequences

With Congress away, the Daily Deduction will not publish for the rest of the week. We’ll be back as usual on Monday, December 1. Happy Thanksgiving! In California, a tax increase breeds a budget battle and tuition hike. In 2012, Democratic Governor Jerry Brown successfully campaigned for reelection

November 24, 2014Renu Zaretsky

: TaxVox

Tax Relief, Hikes, and Incentives

DC residents will likely see tax cuts—the largest in 15 years. The DC Council voted yesterday to support $165 million in tax cuts , a plan based in part on recommendations made by the DC Tax Revision Commission . Tax burdens for low- and middle-income residents would decrease in January. For four

May 29, 2014Renu Zaretsky