Tax Policy Center


Business Taxes: TaxVox
Yesterday, Wisconsin Governor—and GOP presidential hopeful--Scott Walker committed more than $400 million in taxpayer money to help build a new basketball arena for a group of wealthy investors. Walker, like many pols before him, fell for the promise of huge economic returns from a state-of-the art
August 13, 2015Howard Gleckman
: TaxVox
The House GOP Budget: No tax reform details. The House Budget Committee unveiled a budget with $5.5 trillion in spending cuts that promises balance by 2024. Committee Chairman Tom Price is confident the budget will pass the House this week. However, TPC’s Howard Gleckman says there is no chance it
March 18, 2015Renu Zaretsky
: TaxVox
There are tax information troubles for ACA enrollees. When it comes to the Affordable Care Act and filing taxes, “sorting through all the necessary paperwork is hard to do, even for those of us whose day jobs are in tax policy,” writes TPC’s Ellen Steele , a tax-preparing volunteer with Community
February 23, 2015Renu Zaretsky
: TaxVox
Congress is in recess through the mid-term elections. Read the Daily Deduction each Monday until then. Apple’s new products might not bend , but its tax deals are under some pressure. Later today, the European Union’s European Commission is expected to release its opening decision on Apple’s 1991
September 29, 2014Renu Zaretsky
: Daily Deduction
The FATCA wait is over. The Foreign Account Tax Compliance Act goes into effect tomorrow. It is designed to prevent tax evasion by US citizens with more than $50,000 held in foreign banks, investment funds, and other institutions. China is the latest nation to join about 80 other jurisdictions in
June 30, 2014Renu Zaretsky