July 17, 2019
About 82 percent of individual and business taxes due are paid voluntarily and on time. But not all taxpayers pay all they owe. Thus, the...
July 16, 2019
A spike in announcements of bonus payments for workers followed the passage of the Tax Cuts and Jobs Act (TCJA) in December 2017, and President...
July 16, 2019
The House is scheduled to vote Wednesday to repeal the 2010 Affordable Care Act’s Cadillac tax on generous employer-sponsored health insurance (ESI). The bill, which...
July 11, 2019
One day soon, the IRS will release its near-final version of the 2020 Form W-4 that workers are supposed to use to calculate their federal...
July 10, 2019
A new Tax Policy Center analysis finds that the vast majority of households that paid the Alternative Minimum Tax (AMT) before the 2017 Tax Cuts...
July 3, 2019
Michigan was one of 12 states that saw gas taxes increase on July 1. Its rate climbed by only 0.1 cent per gallon because it’s indexed monthly for inflation. In contrast, new legislation doubled gas tax rates in Illinois to 38 cents per gallon and raised the levy by 10.5 cents in Ohio. Can Michigan—and other states—go even bigger?
July 2, 2019
The House Ways and Means Committee today filed suit in federal court demanding President Trump’s 2013-2019 tax returns. The Committee says it is seeking Trump’s...
July 2, 2019
Expanding the earned income tax credit (EITC) has support from a wide range of policy experts. Yet the expansion ideas come in many different forms...
July 1, 2019
Can The Sanders Financial Transactions Tax Raise Trillions And Cut Speculation? Senator and Democratic Presidential hopeful Bernie Sanders (I-VT) has proposed an ambitious financial transactions...
June 27, 2019
The US Supreme Court’s decision to leave a US citizenship question off the 2020 Census ( for now ) has focused unusual attention on the...