Tax Policy Center

Tax Reform Act of 1986

: TaxVox
Politicians love to claim that they have given us something. “We want to give you, the American people, a giant tax cut for Christmas ...
February 5, 2018C. Eugene Steuerle
Campaigns, Proposals, and Reforms: TaxVox
Tax reform is hard enough when it is based on a set of principles around which Congress can write a new law. But when lawmakers...
December 7, 2017Howard Gleckman
: TaxVox
Bismarck is credited with the warning: “If you like laws and sausages, you should never watch either one being made.” It is never truer than...
November 29, 2017C. Eugene Steuerle
: TaxVox
In a speech earlier this week, Donald Trump invoked Ronald Reagan’s 1981 tax cuts as a model for his own plan. Trump said Reagan’s tax...
October 20, 2017William G. Gale
: TaxVox
Endorsing the concept of tax reform is just one small step towards making it a reality. How do lawmakers, who are confronted with an almost...
October 13, 2017C. Eugene Steuerle
Campaigns, Proposals, and Reforms: TaxVox
When President Reagan first introduced his version of what would become the landmark 1986 tax reform, his staff kicked off the debate with a phone...
April 27, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Have you noticed the subtle reframing of Donald Trump’s tax plan? During the campaign, it was a huge tax cut. Now, Trump and his congressional...
November 15, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
As you think about the ambitious tax ideas being proposed by this season’s presidential hopefuls, keep this in mind: Sometimes, far-reaching tax policy ideas outlive the candidacies of those who promote them. Long after their races are distant memories, ideas that opponents mock in the heat of an
April 8, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
I like the Earned Income Tax Credit (EITC). It encourages work and allows millions of low-wage workers and their kids to escape a life of poverty . Democrats support it as a critical part of the safety net. Republicans back it because it rewards work and family. Just last week, House Budget
July 30, 2014Leonard E. Burman
Federal Budget and Economy: TaxVox
Max Baucus and Dave Camp, leaders of the Senate and House tax-writing committees, are on the road promoting tax simplification. One goal: cleaning out the...
July 8, 2013Donald Marron