September 23, 2010
Now it is official. Neither Democrats nor Republicans will run in 2010 on a serious platform to address the budget deficit . We knew the...
September 21, 2010
President Obama’s plan to raise taxes on the nation’s highest income households may not quite mean what you think. A closer look suggests that fewer...
September 16, 2010
Senate Republican Leader Mitch McConnell (R-KY) wants to permanently extend all of the Bush-era tax cuts. He’s also rejected even modest efforts by President Obama...
September 14, 2010
America ’s long-term fiscal challenge will drive the nation’s domestic policy for years to come. But in an age of partisan noise and name-calling, it...
September 10, 2010
Long in the works, the Tax Policy Center’s new Tax Calculator debuted on our website this week. We designed it to help taxpayers, analysts, and...
September 9, 2010
The outlines of the Great Tax Debate of 2010 are coming clear. Yesterday, President Obama insisted on permanently extending the 2001-2003 tax cuts for those...
September 7, 2010
With the economy stalled and his party’s November electoral chances sagging, President Obama is rolling out a new plan to boost growth—a mix of infrastructure...
September 2, 2010
Please tell me it isn’t true: Washington is buzzing with talk of Homebuyer Tax Credit III. Like the killers in those really bad slasher movies,...
August 31, 2010
It seems increasingly likely that Congress will extend most, if not all, of the Bush tax cuts for at least a year or two. As the economy shows growing signs of softening, lawmakers are less and less likely to take steps that will be seen as “raising taxes.” But there is a way Congress could maintain the magnitude of the Bush tax cuts while moving around some dollars to enhance their short-term economic benefit. The goal of this shift would be to focus tax cuts on those most likely to spend the money.
August 30, 2010
In a Wall Street Journal op-ed this morning, Robert Barro lays blame for the nation’s stubbornly high unemployment rate squarely on President Obama’s doorstep. The outspoken Harvard economist asserts that unemployment would stand at 6.8 percent—well below today’s 9.5 percent—if only the president and Congress hadn’t extended unemployment compensation to 99 weeks.