Tax Policy Center

tax increases

: Daily Deduction

The Internet, Drug Profits, and Sacrifice

The neutrality of the net: Set. Tax effects? Unclear. That’s the conclusion of Politifact after the Federal Communications Commission approved controversial regulations that will treat the Internet like a public utility. The fact checkers examined the question after GOP Senator Mike Lee claimed
February 27, 2015Renu Zaretsky
: TaxVox

To Collect Money You Have to Have Money

High-income households can worry even less about being audited this year. Last year, the IRS audited just 7.5 percent of households earning more than $1 million in 2013. That’s the lowest share since 2009 . Its overall individual audit rate was 0.86 percent, the lowest since 2004. The IRS budget
February 25, 2015Renu Zaretsky
: TaxVox

Will Tax Reforming Be Forgot and Never Brought to Mind?

Congress is adjourned. The Daily Deduction will appear Mondays until it reconvenes. Could Dave Camp’s proposal and the corporate inversion debate prompt tax reform in 2015? TPC’s Bill Gale considers how they might shape developments in 2015. “Camp’s proposal provides the means to think seriously
December 29, 2014Renu Zaretsky
Federal Budget and Economy: TaxVox

The Politics of Austerity

Europe is undergoing a massive political upheaval. You may have noticed. Caught in the wake of deep recession, painfully high unemployment, bank failures, and growing...
May 8, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Is Obama Tax Hiker in Chief? Not Exactly

Conservatives like to say that President Obama has been responsible for massive tax increases. It is wonderful rhetoric that plays to the big tax image...
October 4, 2011Howard Gleckman
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
Federal Budget and Economy: TaxVox

A Grim Prognosis for Deficit Reduction

The other day, I spent a few hours with some of Washington’s most experienced budget experts. The session was off-the-record, so I can’t tell you...
August 30, 2011Howard Gleckman
Individual Taxes: TaxVox

A Tax By Any Other Name

"What's in a name? That which we call a rose By any other name would smell as sweet." William Shakespeare If I understand correctly, Congressional...
June 30, 2011Howard Gleckman