More Reflections on Reform Dreaming is free, but tax reform isn’t. TPC’s Bill Gale reviews an unusual aspect of House Ways and Means Committee Chairman...
Unlike many previous Republican proposals to cut taxes, the Michigan congressman specifies how government would pay for them. This is critical, but it's not pretty...
House Ways and Means Committee Chair Dave Camp (R-MI) has produced an impressive tax reform plan that eliminates most loopholes, deductions, and credits. But the...
In the tax reform roadmap he released yesterday, House Ways & Means Committee Chair Dave Camp (R-MI) targeted the trillion dollar private equity industry. Not...
Introducing The Daily Deduction, the Tax Policy Center summary of the day’s tax news. We’ll let you know about upcoming action in Congress, the Administration,...
Displays the average AMT tax liability per AMT taxpayer across expanded cash income level, filing status, number of children at home, and state tax level, under current law and pre-ATRA law for 2012-2014 and 2023.
Back in November, I suggested that tax prep firms might be a useful portal for low-income people to get insurance coverage through the Affordable Care...
An advisory commission has recommended some interesting changes to the District of Columbia’s tax system. The commission’s proposals may provide some useful lessons for other...
Over the next decade, the individual income tax will be the fastest growing source of federal revenue, according to new estimates by the Congressional Budget...
This paper evaluates six options to achieve across-the-board reductions to a group of major exclusions and deductions in the income tax: (1) limiting their tax benefit to a maximum percentage of income; (2) imposing a fixed dollar cap; (3) reducing them by a fixed-percentage amount; (4) limiting
This paper documents the increased role of pass-through entities and the associated decline in use of the taxable corporate form since the Tax Reform Act of 1986 (TRA86) and discusses implications for the design of tax policy. We show how significant reductions in the corporate tax rate, absent
As the idea of expanding the “childless EITC” gathers steam, it’s time to start thinking about what the next generation of worker credits should look...
The Earned Income Tax Credit (EITC) is one of our nation’s most effective anti-poverty policies, bringing 10.1 million families out of poverty in 2012 ...
