Senior Fellow Eugene Steuerle explains that while tax reform might entail useful simplification of the tax code and the removal of many special tax breaks, it also appeals to many because of the low rate contained in a number of flat tax proposals. The size of the tax rate, however, has only a...
Senior Fellow Eugene Steuerle examines the popularity of the Earned Income Tax Credit and its expansion, and warns that policymakers need to be modest in their expectations of it.
Senior Fellow Eugene Steuerle examines principal sources of concern about the Earned Income Tax Credit (EITC) regarding the credit's impact on work effort and the extent of noncompliance. His conclusions: (1) All transfers and taxes distort some choices, and the EITC is no exception. The EITC...
The Simple Arithmetic of Flat Taxes
Senior Fellow Eugene Steuerle explains that while tax reform might entail useful simplification of the tax code and the removal of many special tax breaks, it also appeals to many because of the low rate contained in a number of flat tax proposals. The size of the tax rate, however, has only a...
The Future of the Earned Income Tax Credit (Part 3 of 3)
Senior Fellow Eugene Steuerle examines the popularity of the Earned Income Tax Credit and its expansion, and warns that policymakers need to be modest in their expectations of it.
The Future of the Earned Income Tax Credit (Part 2 of 3)
Senior Fellow Eugene Steuerle examines principal sources of concern about the Earned Income Tax Credit (EITC) regarding the credit's impact on work effort and the extent of noncompliance. His conclusions: (1) All transfers and taxes distort some choices, and the EITC is no exception. The EITC...
The Future of the Earned Income Tax Credit (Part 1 of 3)
Senior Fellow Eugene Steuerle takes a look at how the Earned Income Tax Credit is meeting its policy goals.