Tax Policy Center

Washington State

: TaxVox
Congress is in recess and the Daily Deduction will post Mondays until it reconvenes. We’ll be back to our regular schedule on April 13. With just over two weeks till Tax Day, Treasury wants to clarify Affordable Care Act tax facts. It released fact sheets on common exemptions from the individual
March 30, 2015Renu Zaretsky
State and Local Issues: TaxVox
“Marijuana Industry Eager to Pay Taxes - and Cash in on Deductions” That was the headline for a story written by Rob Hotakainen of McClatchy Newspapers the other day. In less than a dozen words, it describes much of what’s wrong with the federal tax system. And in an odd way it helps explain why
August 20, 2013Howard Gleckman
State and Local Issues: TaxVox
Starting today, it is legal to smoke marijuana in Washington State . That got me thinking: Could taxing stoners help balance state budgets? The answer is yes, but it wouldn’t help much. One 2010 study , done for the libertarian CATO Institute, figures legalizing and taxing weed would increase state
December 6, 2012Howard Gleckman