Will GOP anger over Obama’s immigration orders stall EITC expansion? President Obama allowed undocumented immigrants to seek work authorization, get a Social Security number, and claim the Earned Income Tax Credit. The EITC enjoys bipartisan support, but that support fades when it comes to

I love college sports. I really do – especially basketball. (Go Wildcats!) But I also love President Obama’s FY16 budget proposal to cut federal subsidies for premium seats at college sporting events. Federal subsidies ought to provide national benefits and there’s no evidence that boosting

An Obamacare replacement? Senate Finance Committee chair Orrin Hatch, House Energy and Commerce chair Fred Upton, and GOP Senator Richard Burr have released their health reform plan, called the Patient CARE Act. The proposal, similar to a bill Hatch and Burr introduced last year, would repeal the

The President’s plan for corporate tax reform: Incomplete. TPC’s Howard Gleckman explains that while Obama’s budget renewed his call for cutting corporate tax rates, he again failed to show how he’d pay for most of the effort. He's budgeted $141 billion for corporate tax reform over 10 years, but

The tax proposals in President Obama’s 2016 budget combine two interesting ideas for international reform with his often-stated--but still vague-- goal of a broad-based corporate tax overhaul. First, the framework: Obama has once again proposed cutting the corporate tax rate to 28 percent from the

What is income, and how should it be counted? When it comes to capital gains, the White House and the TPC disagree on the answer . The President wants to tax accrued, but unrealized, capital gains at death, ending an enormous tax break . The TPC, in its distributional analysis of Obama’s plan,

The President’s budget includes a long list of tax changes including at least one that he has already disavowed: his plan to limit the tax exemption of withdrawals from 529 college savings accounts. The proposal—which would have collected about $1 billion over the next decade—was pilloried from the

After President Obama proposed, and rapidly abandoned, a plan to curb the tax advantages of Sec. 529 college savings accounts, several wise observers, including my friend David Wessel at Brookings, saw an object lesson for broad-based tax reform. To wit: If lawmakers can’t ditch a single $1 billion

Up next week: The President’s Budget. President Obama will release his budget for fiscal year 2016 on Monday. The plan would increase spending above the sequester limits of the Budget Control Act of 2011. Steep cuts were triggered in 2013 when Congress failed to reach a budget deal, but were then

TPC shows how President Obama would redistribute income from the rich to the poor. The President will release his budget next week, and with it, a tax plan analyzed by the Tax Policy Center . TPC’s Howard Gleckman explains that under the plan, after- tax income would increase by about $175 in 2016