Only a handful of all employees and fewer than 60 percent of tipped workers would benefit from proposals to exempt gratuities from federal income tax,...
If Vice President Kamala Harris's past record is any indication, a President Harris would be a strong proponent for using the tax code to achieve her policy goals.
In a recent New York Times column (paywall), Berkeley economist Gabriel Zucman calculated that the highest-income Americans pay only about 23 percentof their income in...
How The Anti-Tax Movement Changed Politics and Government In his new book, law professor Michael Graetz makes a provocative argument: The modern anti-tax movement is...
The revenue provisions of President Biden’s fiscal year 2024 budget would lower after-tax incomes by an average of about $2,300 next year, according to a...
This blog has been revised, reflecting TPC’s recalculated analysis of proposals to reduce business taxes that are under discussion in Congress. TPC’s initial analysis over-estimated...
During the recent congressional election campaign, House Republicans said one of their top priorities would be to make permanent the individual tax changes in the...
After dramatically rising during the worst of the pandemic, the number of households who pay no federal income tax has fallen sharply. It will remain...