U.S. Treasury

: TaxVox

Treasury Keeps Obama Administration Earnings Stripping Regulations, But Limits Them

Yesterday, the Treasury Department announced it would keep, but limit, an important tool added by the Obama Administration to stem tax-driven corporate inversions: the regulations...

November 1, 2019Steven M. Rosenthal

: TaxVox

Treasury Left The Door Open To The 20-Percent Tax Deduction For Pass-Through Businesses

Last Friday, Treasury finalized its regulations for the special 20-percent tax deduction for income from pass-through businesses, which was added by the 2017 Tax Cuts...

January 24, 2019Steven M. Rosenthal

: TaxVox

Congress In 2019: What’s Ahead For Fiscal Policy?

The return of divided government and the early stages of the next presidential election create enormous uncertainty about how 2019 will go. As Yogi Berra...

January 4, 2019William G. Gale Mark J. Mazur

: TaxVox

OMB Review Of Tax Regulations: A ‘Dispassionate Second Opinion’ Or Needless Sand In The Gears?

The Treasury Department and the Office of Management and Budget (OMB) recently agreed that OMB would review many tax regulations before they are released, a...

September 17, 2018Leonard E. Burman

: TaxVox

Treasury Dashes The Charity Workaround For SALT, Also Limits Tax Credit Programs For Private Schools

As warned earlier , Treasury proposed rules to block a state and local tax (SALT) deduction workaround strategy that had been adopted by New York...

August 24, 2018Steven M. Rosenthal

Individual Taxes: TaxVox

Will Consumers Come To Love Longevity Annuities?

Economists love longevity annuities. But what will it take to get real people to buy them? That’s one of the questions that two panels of retirement experts will tackle at a Brookings Institution event on Thursday. These retirement products work like this: At about age 65 you purchase an insurance

November 4, 2014Howard Gleckman