Tax Policy Center

tax preferences

Individual Taxes: TaxVox
Who benefits from the tax credits, deductions and exclusions that have become such an integral part of the modern tax code? Nearly all of us...
December 19, 2013Howard Gleckman
Individual Taxes: TaxVox
Most of the 43 percent of Americans who the Tax Policy Center projects will pay no federal income tax this year make very little money...
September 5, 2013Roberton C. Williams
Individual Taxes: TaxVox
The percentage of Americans who pay no federal income tax is falling, thanks to an improving economy and the expiration of temporary Great Recession-era tax...
August 29, 2013Roberton C. Williams
Individual Taxes: TaxVox
Two new studies show just how hard a time Congress will have trying to slash tax rates without adding trillions of dollars to the budget...
August 8, 2013Howard Gleckman
Individual Taxes: TaxVox
Because politicians seem unwilling to confront specific individual tax preferences, it is likely that any broad-based tax reform will be based on across-the-board curbs on...
July 10, 2013Howard Gleckman
Individual Taxes: TaxVox
Senators Max Baucus (D-MT) and Orrin Hatch (R-UT), the chairman and senior Republican on the Senate Finance Committee, tried to jump-start the drive towards tax...
June 27, 2013Howard Gleckman
Individual Taxes: TaxVox
From the start of his 2008 campaign, President Obama has called for raising taxes on the rich. He got much but not all that he...
April 11, 2013Roberton C. Williams
Individual Taxes: TaxVox
It won’t be impossible for pay for substantial individual tax rate reductions by cutting tax expenditures. But it will be very, very hard. The challenges...
July 10, 2012Howard Gleckman
Individual Taxes: TaxVox
The tax code is chock full of credits, deductions, deferrals, exclusions, exemptions, and preferential rates. Taken together, such tax preferences will total almost $1.3 trillion...
April 9, 2012Donald Marron
Federal Budget and Economy: TaxVox
Mitt Romney has proposed massive new tax cuts and promised to balance the federal budget. How will he achieve these seemingly contradictory goals? For now,...
March 8, 2012Howard Gleckman