Ted Cruz

Who Will Win The Battle Over Framing The Inflation Reduction Act?

President Biden and congressional Democrats won a big policy battle when Congress enacted the Inflation Reduction Act (IRA), despite unanimous Republican opposition. But who will...

August 23, 2022Howard Gleckman

Individual Taxes: TaxVox

Trump’s Private Education Tax Credit Is Wrong-Headed And Badly Designed

I often see tax proposals that are well-intentioned but poorly designed. I sometimes see ideas that are well designed but wrong-headed. President Trump's private education tax credit is both...

February 11, 2020Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Finding A Politician Who Would Pay For What She Promises

The folks over at the Committee for A Responsible Federal Budget have added up the cost of Democratic presidential hopeful Hillary Clinton’s policy platform and how she’d finance it. And, lo and behold, it looks like she’d actually pay for nearly all she wants to do. In contemporary American politics, this is nothing short of amazing.

May 3, 2016Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

The Best—And Worst—Tax Ideas of the 2016 Presidential Campaign

It is only April and we have heard presidential candidates propose some of the biggest and most ambitious tax plans i n modern US history. Donald Trump is proposing the largest tax cut ever, and Ted Cruz is not far behind. Bernie Sanders has proposed the biggest tax increase since World War II. But

April 14, 2016Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Good Tax Ideas From Failed Presidential Candidates

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

The Challenges of Modeling Presidential Tax Plans

The Challenges of Modeling Presidential Tax Plans The Committee for a Responsible Federal Budget sponsored a fascinating discussion yesterday on estimating presidential candidate tax plans. My Tax Policy Center colleague Len Burman, Kyle Pomerleau of the Tax Foundation, and Bob McIntyre of Citizens

March 10, 2016Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

TPC Updates Analysis of Ted Cruz’s Tax Proposal To Reflect a Change in His EITC Proposal

After the Tax Policy Center published our analysis of Senator Cruz’s tax plan, the campaign told us that they also intend to expand the Earned Income Tax Credit (EITC) . This change would modestly increase after-tax incomes of low-income families while increasing the cost of the overall Cruz

March 2, 2016Leonard E. Burman

Campaigns, Proposals, and Reforms: TaxVox

Much Ado About Everything But Tax Plans

When the Tax Hound began its monthly investigations a year ago, we had the modest goal of making tax policy relevant to the every-day concerns of the average taxpayer. At the time, I was drunk with wonky excitement (if that’s possible). “We elect a new president in a year, and we can help make tax policy matter to the average voter! There’ll be candidate proposals, analyses of those plans… It’ll be great!”

March 1, 2016Renu Zaretsky

Campaigns, Proposals, and Reforms: TaxVox

Cruz’s Flat Tax + VAT Would Cut Revenues By $8.6 Trillion

GOP presidential hopeful Ted Cruz’s aggressive plan to shift the tax code from a mostly income-based system to one based on consumption would slash federal revenues by $8.6 trillion over the next decade, according to a new Tax Policy Center analysis . Including interest costs, it would add $10.2

February 15, 2016Howard Gleckman

Federal Budget and Economy: TaxVox

Rubio’s Ambitious Consumption Tax Would Reduce Revenue by $6.8 Trillion, Give Most Benefits to the Highest-Income Households

Senator Marco Rubio would convert the income tax into a progressive consumption tax, an ambitious idea that would eliminate the income tax’s penalty on saving. However, a new Tax Policy Center analysis finds that Rubio’s version would slash federal tax revenues by $6.8 trillion over the next decade

February 10, 2016Howard Gleckman