Tax Policy Center

Grim Predictions about the Fiscal Cliff II and Deficit Reduction

I spent lunchtime today moderating a thoroughly discouraging Urban Institute panel discussion on the fiscal cliff. The consensus of the speakers—all highly-regarded budget experts—was that...

January 8, 2013Howard Gleckman

Federal Budget and Economy: TaxVox

What the Fiscal Cliff Deal Really Means for Taxes and Spending

Everyone trying to sort out the fiscal cliff deal is getting hopelessly tangled in budget baselines. Are taxes going up? Or are they going down?...

January 3, 2013Howard Gleckman

Federal Budget and Economy: TaxVox

Congress Kicks the Fiscal Can off the Front Stoop

In the end, it looks like Congress isn’t even going to kick the fiscal can down the road. Assuming the House passes the deal agreed...

January 1, 2013Howard Gleckman

Federal Budget and Economy: TaxVox

Should Working Class Families Pay Higher Tax so High Income People Can Pay Less?

Somehow, the fiscal cliff tax debate has taken a truly weird turn. No, not the politics, which long ago became a parody of Washington deal-making...

December 20, 2012Howard Gleckman

Federal Budget and Economy: TaxVox

What Adjusting the Price Index Would Mean for Taxpayers

President Obama and House Speaker John Boehner may be close to agreeing on a plan that, among other things, would revise the way government programs...

December 18, 2012Howard Gleckman

Individual Taxes: TaxVox

The Coming AMT Debacle

The Tax Policy Center (TPC) has estimated that going over the fiscal cliff will raise taxes on average by about $3,500 per household in tax...

December 10, 2012Eric Toder

Individual Taxes: TaxVox

How to Cut the Charitable Deduction Without Reducing Giving

If income tax deductions are capped or limited—an idea that often comes up in the debate over both the fiscal cliff and long-run tax reform—the...

December 5, 2012Howard Gleckman

Individual Taxes: TaxVox

What to Read While Hanging Out at the Fiscal Cliff

While you are waiting for Congress and President Obama to decide what they are going to do about the fiscal mess, here an idea: Pick...

November 29, 2012Howard Gleckman

Individual Taxes: TaxVox

How Can 98 Percent of Us be Middle-Class?

Congress and President Obama can't agree on much, but they agree on this: Congress must preserve what they persist in calling middle-class tax cuts. As...

November 26, 2012Howard Gleckman

Individual Taxes: TaxVox

The Simpsons for Tax Wonks: The NTA Honors Joel Slemrod

Congratulations to University of Michigan tax economist Joel Slemrod for winning the National Tax Association’s Daniel M. Holland Medal for outstanding contributions to the study...

November 20, 2012Howard Gleckman