Tax Policy Center

Experts

James R. Nunns

Urban Institute Associate

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Research report

This analysis measures the revenue and distributional impacts of three proposals to limit tax expenditures for higher-income households: the Obama Administration's plan to cap the value of itemized deductions at 28 percent; an effective minimum tax (EMT) to ensure that tax liability is at least...

August 2, 2011
Daniel BanemanJames R. NunnsJeffrey RohalyEric ToderRoberton C. Williams
Research report

About 46 percent of American households will pay no federal individual income tax in 2011, roughly half of them because of structural features of the income tax that provide basic exemptions for subsistence level income and for dependents. The other half are nontaxable because tax expenditures...

July 27, 2011
Rachel M. JohnsonJames R. NunnsJeffrey RohalyEric ToderRoberton C. Williams
Research report

Corporate profits are taxed under both the corporate and individual income taxes. The total income tax rate on corporate profits therefore depends on the corporate rate and the individual rates on dividends and capital gains, as well as on the share of after-tax profits corporations pay as...

June 7, 2011
James R. Nunns
Research report

The Tax Policy center has developed a new method for estimating the distributional effects among income groups of a broad-based consumption tax, such as a value-added tax (VAT). The new method provides separate measures of the long-run and transitional effects of introducing a VAT. In the long-...

April 12, 2011
Eric ToderJames R. NunnsJoseph Rosenberg
Research report

President Obama's 2012 Budget contains a number of tax provisions that would cut taxes for low- and middle-income households and raise taxes on wealthier taxpayers. This resource guide describes the tax proposals, offers more detailed commentary on key provisions, and links to tables showing the...

March 28, 2011
Benjamin H. HarrisElaine MaagDonald MarronJames R. NunnsJoseph RosenbergKim S. RuebenEric ToderRoberton C. Williams
Research report

The debate over extending the 20012003 tax cuts beyond 2010 has revolved around two options: extend all provisions for all taxpayers, and the presidents proposal to extend all provisions except those that apply only to high-income taxpayers. A third option has drawn attention: extend the...

November 4, 2010
James R. NunnsRachel M. Johnson
Research report

The reduction in individual income tax rates and the other tax cut provisions enacted in 2001 and 2003 were "sunset" at the end of 2010. Unless Congress acts to delay the expiration of the rate reductions, the top individual rate will rise from 35% in 2010 to 39.6% for 2011 and later years.

June 16, 2010
James R. Nunns
Research report

The Bipartisan Tax Fairness and Simplification Act of 2010 ("Wyden-Gregg," introduced as S. 3018) is a broad reform of the federal income tax system. Some provisions would also expand the Social Security payroll tax base. This paper presents the Tax Policy Center's estimates of the revenue and...

May 24, 2010
James R. NunnsJeffrey Rohaly

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