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Campaigns, Proposals, and Reforms: TaxVox

Can Trump make Mexico pay for the wall?

Mexico won't willingly write the check for Donald Trump's wall. So the president is hunting for a way to make Mexico pay. That search isn't...
January 31, 2017Donald Marron
State and Local Issues: TaxVox

States should prepare for possible fiscal storm

Still recovering from the Great Recession and grappling with troubling fiscal trends , state budgets are already causing headaches for governors and legislators across the...
January 30, 2017Richard C. Auxier
: Daily Deduction

Battling Over Mexican Imports and ACA Repeal

The President knows how to pay for that wall.
January 30, 2017Renu Zaretsky
Business Taxes: Brief

Taxation of Pass-Through Businesses

Tax Debate 2017
This year, Congress will consider what may be the biggest tax bill in decades. This is one of a series of briefs the Tax Policy Center has prepared to help people follow the debate. Each focuses on a key tax policy issue that Congress and the Trump administration may address. This brief discusses
January 30, 2017Frank Sammartino
Federal Budget and Economy: Research report

The Fiscal Outlook at the Beginning of the Trump Administration

New information from the Congressional Budget Office allows an update of the fiscal outlook. While deficits are manageable in the short run, the debt-GDP ratio is already high relative to historical norms. Under “current policy,” we project the ratio will rise to 96 percent by 2027 and 154 percent
January 29, 2017Alan J. AuerbachWilliam G. Gale
State and Local Issues: TaxVox

A new tool to get under the hood of state and local budget choices

It’s budget season in most of the nation’s 50 states. This means governors are polishing State of the State speeches and finalizing plans for how...
January 27, 2017Tracy Gordon
Individual Taxes: Brief

Itemized Deductions

Tax Debate 2017
This year, Congress will consider what may be the biggest tax bill in decades. This is one of a series of briefs the Tax Policy Center has prepared to help people follow the debate. Each focuses on a key tax policy issue that Congress and the Trump administration may address. This brief explores
January 27, 2017Chenxi Lu
State and Local Issues

State of the States: Budgeting in the Trump Era

THE EVENT WILL BE STREAMED LIVE FROM THIS PAGE . ONLINE AUDIENCE CAN SUBMIT QUESTIONS TO EVENTS@URBAN.ORG . In the aftermath of the 2016 election,...
January 26, 2017
Business Taxes: TaxVox

Border Adjusted Taxes And A 'Big Border Tax' Are Not The Same. Here Are Four Reasons Why

For weeks, congressional Republicans, Donald Trump, and various factions of Corporate America have been engaged in an intense battle over how to tax imports into...
January 26, 2017Howard Gleckman
Federal Budget and Economy: Brief

IRS - What It Does and How to Reform It

Tax Debate 2017
This year, Congress will consider what may be the biggest tax bill in decades. This is one of a series of briefs the Tax Policy Center has prepared to help people follow the debate. Each focuses on a key tax policy issue that Congress and the Trump administration may address. This brief describes
January 26, 2017Eric Toder
Business Taxes: Brief

State Budgets in the Trump Era

The election of Donald Trump as president and Republican majorities in Congress have Washington primed for major legislative reforms. But it’s important to keep in mind that what the new government in the nation’s capital does will reverberate in all 50 statehouses. Knowing changes are coming, but
January 25, 2017Kim S. RuebenRichard C. Auxier
: TaxVox

Bye Bye Tax Reform, Hello Tax Relief

On Sunday, top presidential adviser Kellyanne Conway made an important rhetorical pivot: The Trump Administration may no longer be pushing for tax cuts or even...
January 24, 2017Howard Gleckman
Business Taxes: TaxVox

A business cash flow tax could reduce investment, contrary to what some economists think

As tax reform discussions heat up, policy nerds have been debating the House Republican proposal for a destination-based cash-flow tax for business income. Much of...
January 24, 2017Lily L. Batchelder
: Daily Deduction

Another Plan, Another Threat

Trump promises business tax cuts and a “border tax,” again.
January 24, 2017Renu Zaretsky
: Daily Deduction

New President, New Tax Season

The President’s tax returns remain a mystery.
January 23, 2017Renu Zaretsky
: Daily Deduction

Mnuchin Speaks

A hearing for Treasury nominee Steven Mnuchin.
January 20, 2017Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox

Memo to Steven Mnuchin: Trump’s Tax Plan Would Add $7 Trillion to The Debt Over 10 Years

At his Senate Finance Committee confirmation hearing today , Steven Mnuchin, President-elect Trump’s choice to head the Treasury Department, seemed somewhat confused about the Tax...
January 19, 2017Howard Gleckman
: Daily Deduction

Help, Confusion, Failure, and Value

Tax reform is complicated. TPC will make understanding it a bit easier.
January 19, 2017Renu Zaretsky
Individual Taxes: Brief

How Federal Income Tax Rates Work

Tax Debate 2017
This year, Congress will consider what may be the biggest tax bill in decades. This is one of a series of briefs the Tax Policy Center has prepared to help people follow the debate. Each focuses on a key tax policy issue that Congress and the Trump administration may address. This brief walks
January 19, 2017Richard C. Auxier
: Daily Deduction

Complications, Fallout, and Contradictions

Trump may have wrecked the House GOP’s business tax reform.
January 18, 2017Renu Zaretsky
Business Taxes: TaxVox

Trump May Sink House GOP’s Business Tax Reform

RIP DBCFT It was probably too good an idea to survive the Washington policy meat grinder, but President-elect Donald Trump may have killed the House...
January 17, 2017Howard Gleckman
About 43% of state motor fuel tax receipts went to state-administered highways in 2012; 33% went to local roads and streets.
January 17, 2017
: Daily Deduction

The devil is in the details, but where the devil are they?

More on the President-elect’s plan for tax cuts. Donald Trump told The Washington Post that “we’re getting very close” to legislation that will change tax rates.
January 17, 2017Renu Zaretsky
Business Taxes

Are Entrepreneurs Overtaxed?

Entrepreneurs play a critical role in developing new products, inventing new production techniques, creating jobs, and strengthening our economy. As lawmakers focus on tax reform,...
January 13, 2017
: Daily Deduction

A Credit Rating, a Budget Battle, and the Impact of a New VAT

Will the country’s credit rating change with Trump tax cuts?
January 13, 2017

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