Stockbrokers began reporting sales proceeds and cost basis to the IRS and taxpayers this year. This article describes how those information reports came about and discusses the issues they raise. It also argues that compliance gains and simplification benefits justify the reporting burdens that...
In a contribution to the Christian Science Monitor, Donald Marron discusses the six-pack of expiring temporary tax cuts which could provide the incentive to reshape the tax code and boost the budget.
The Auto IRA could improve retirement security for millions of workers while boosting America's saving rate, leading to improved living standards for future generations.
Leonard Burman's testimony before the Senate Budget Committee on tax reform to encourage economic growth, reduce the federal deficit, and to promote fairness.
In his campaign for the Republican presidential nomination, Mitt Romney has proposed permanently extending the 2001–03 tax cuts, further cutting individual income tax rates, broadening the tax base by reducing tax preferences, eliminating taxation of investment income of most individual...
A value added tax (VAT) with a broad base and a VAT that excludes food, housing, and medical care would both impose larger burdens as a share of income on low-income than on high-income taxpayers. A rebate aimed at low-income taxpayers would reduce their VAT burden more than exclusions of...
Basis Reporting: Lessons Learned and Direction Forward
Stockbrokers began reporting sales proceeds and cost basis to the IRS and taxpayers this year. This article describes how those information reports came about and discusses the issues they raise. It also argues that compliance gains and simplification benefits justify the reporting burdens that...
What Federal Tax Reform Means for State and Local Tax and Fiscal Policies
Kim Rueben's testimony before the Senate Finance Committee on federal tax reform and what it means for the tax and fiscal policies of states.
TPC Estimates of the 2012 Presidential Candidates' Tax Proposals
In a presentation to the March 28, 2012 Tax Economists Forum, Eric Toder discusses TPC's estimates of the 2012 presidential candidates' tax proposals.
US Corporate Tax Rates Must Come Down
In a contribution to the Christian Science Monitor, Donald Marron discusses the U.S.'s controversial coporate income tax rates.
US Budget: Fiscal Showdown or Kick the Can?
In a contribution to the Christian Science Monitor, Donald Marron discusses the six-pack of expiring temporary tax cuts which could provide the incentive to reshape the tax code and boost the budget.
The Case for the Auto IRA
The Auto IRA could improve retirement security for millions of workers while boosting America's saving rate, leading to improved living standards for future generations.
Tax Reform to Encourage Growth, Reduce the Deficit, and Promote Fairness
Leonard Burman's testimony before the Senate Budget Committee on tax reform to encourage economic growth, reduce the federal deficit, and to promote fairness.
The Romney Tax Plan
In his campaign for the Republican presidential nomination, Mitt Romney has proposed permanently extending the 2001–03 tax cuts, further cutting individual income tax rates, broadening the tax base by reducing tax preferences, eliminating taxation of investment income of most individual...
Can Tax Reform Save the Economy?
In a contribution to the International Economy magazine, Donald Marron offers his perspective on tax reform.
Implications of Different Bases for a VAT
A value added tax (VAT) with a broad base and a VAT that excludes food, housing, and medical care would both impose larger burdens as a share of income on low-income than on high-income taxpayers. A rebate aimed at low-income taxpayers would reduce their VAT burden more than exclusions of...