Table shows the number, and percentage, of tax units with: zero or negative individual income tax liability; zero or negative sum of individual income and...
After dramatically rising during the worst of the pandemic, the number of households who pay no federal income tax has fallen sharply. It will remain...
Number and percent of taxpayers affected by the AMT; AMT revenue per AMT taxpayer; AMT revenue as a percentage of all individual income tax revenue;...
Historical values and projections of the number of AMT taxpayers and aggregate AMT revenue under current law for 1970-2032. Baseline is the law in place...
Aggregate tax expenditure amount ($ billions) for the child tax credit (CTC) for calendar years 2022-25 under three scenarios: current law; extension of the American...
Arkansas, Maryland, Missouri, North Dakota, and South Dakota will vote on legalizing recreational marijuana this November. And cannabis initiatives are already on the 2023 or...
In 2020, compared to Canada, the United States relied more on personal income taxes and payroll taxes than on corporate income taxes and consumption taxes.
Our guest this week is University of California-Irvine law professor Omri Marian. He’ll discuss the provocative idea for a data tax. Could taxing firms that...
The literature on data privacy often ignores the value of penalties in strengthening data protection while allowing data to safely be shared for research purposes. This note explains why significant penalties and effective enforcement for unauthorized disclosures of confidential data should be an
Table shows the distribution of tax units with CTC-eligible children and CTC-eligible children by portion of Child Tax Credit, and the distribution of tax units with ODTC-eligible dependents and ODTC-eligible dependents by portion of Child Tax Credit and the Other Dependents Tax Credit, in 2022 under current law.
Policy experts and governments around the world are deeply dissatisfied with the way multinational corporations are taxed, especially big tech companies. The Organisation for Economic...
