This study examines the effect of alcohol excise taxes on alcohol- related fatal traffic crashes. In 2015, 29.3 percent of the 35,092 traffic fatalities in the United States involved someone driving under the influence of alcohol. Raising federal or state excise taxes on alcoholic beverages could
The tax treatment of employee stock and options used as a compensation mechanism raises a classic Goldilocks problem. We want the tax burden on this...
This month and next, the Tax Hound looks at Benton Harbor and Detroit, Michigan. How are two troubled cities using tax policy to sustain or revitalize themselves?
The Unified Framework: Too soft, or not soft enough? Tennessee Republican Bob Corker isn’t sure the GOP leadership has the “intestinal fortitude” for a tax overhaul...
This brief documents how the US tax system treats the most common forms of equity compensation, including stock, restricted stock units, and stock options. In most cases, these forms of equity compensation are taxed just like cash wages, salaries, and bonuses. Employees pay ordinary income taxes on
Tracy Gordon, a senior fellow at the Urban Institute and the Urban-Brookings Tax Policy Center, spoke before the New Democrat Coalition 21st Century Task Force on October 4, 2017. She shared four things that Congress may want to keep in mind when considering changes to infrastructure policy.
Entrepreneurs create successful enterprises that generate substantial value through the innovations they introduce. They typically must wait many years before their firms generate net operating profits. The tax system favors entrepreneurial activity by allowing deferral of tax on the accrual of
The sketch of a tax plan released last week by President Trump and the congressional Republican leadership quietly includes one provision that could raise taxes...
To help analysts craft next year’s state budgets, and to help reporters explain them and the public understand them, we compiled the Urban Institute’s and the Tax Policy Center’s best state-focused research in one place. The research in this compendium will help analysts better evaluate agency
Table shows the revenue effects of the Unified Framework as released 9/27/2017. Proposal would repeal individual and corporate AMT; personal exemptions; itemized deductions (except charitable...
Table shows the distributional effects of the Unified Framework as released 9/27/2017 by Expanded Cash Income Level in 2018. Proposal would repeal individual and corporate...
Table shows the distributional effects of the Unified Framework as released 9/27/2017 by Expanded Cash Income Percentile in 2018. Proposal would repeal individual and corporate...
Table shows the distributional effects of the Unified Framework as released 9/27/2017 by Expanded Cash Income Level in 2027. Proposal would repeal individual and corporate...
Table shows the distributional effects of the Unified Framework as released 9/27/2017 by Expanded Cash Income Percentile in 2027. Proposal would repeal individual and corporate...
The tax outline unveiled this week by President Trump and the congressional Republican leadership would reduce federal revenue by $2.4 trillion over the next decade,...
Distributional analyses play a prominent role in policy discussions. Both tax and transfer policy have important distributional consequences, but traditionally they have been examined separately. This report describes a new methodology for integrated distributional analysis that imports results
The webcast will be streamed live on this page. The Urban-Brookings Tax Policy Center, in collaboration with Kellogg’s Public-Private Initiative of Evanston, Illinois, presents @Issue:...
It’s a multi-trillion plan with few details. The Unified Framework for Fixing Our Broken Tax Code reflects months of internal GOP negotiations, but still leaves a lot to the imagination.
President Trump and the congressional Republican leadership released their newest highly-promoted tax plan today . Although the president promised yesterday it would be a “very...
Large numbers of Americans feel financially insecure, because of increasing volatility in monthly income. Nearly two-thirds of low-income, working-age adults live in households where income...
