The recent double-counting dispute isn’t just about politics; it also reveals a flaw in budgeting for Medicare Part A. Budget experts are waging a spirited...
Europe is undergoing a massive political upheaval. You may have noticed. Caught in the wake of deep recession, painfully high unemployment, bank failures, and growing...
In testimony before the Senate Committee on Finance this morning, I discussed what federal tax reform would mean for state and local governments and how...
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
Gas prices have increased substantially since the beginning of this year, continuing their upward trend since 1990. American drivers are pushing the federal and state governments to implement policies to lower gas prices. But gasoline taxes have not contributed to the increase in gas prices. Rather
Gas prices have increased substantially since the beginning of this year, continuing their upward trend since 1990. American drivers are pushing the federal and state governments to implement policies to lower gas prices. But gasoline taxes have not contributed to the increase in gas prices. Rather
When the president first announced his Buffett Rule–that millionaires should pay at least 30 percent of their income in tax–in the State of the Union...
Amount of income, income taxes paid, and payroll taxes paid (in dollars and as a share of wages) by married couples at the poverty threshold, 1970 to 2011.
Distribution at 2013 income levels of federal tax change, by cash income level, of 2013 current law (which allows tax cuts to expire as scheduled) relative to 2012 current law with an AMT patch.
Distribution at 2013 income levels of federal tax change, by cash income percentile, of 2012 current law (which does not have an AMT patch) relative to 2012 current law with an AMT patch.
Distribution at 2013 income levels of federal tax change, by cash income level, of 2012 current law (which does not have an AMT patch) relative to 2012 current law with an AMT patch.
Distribution at 2013 income levels of federal tax change, by cash income percentile, of 2013 current law (which allows tax cuts to expire as scheduled) relative to 2012 current law with an AMT patch.
