Campaigns, Proposals, and Reforms: TaxVox

Who'd Be Hit By Trump Cap on Itemized Deductions?

A key piece of President-elect Donald Trump’s campaign tax plan was a cap on itemized deductions. The proposal, which would bar singles from deducting more...
November 22, 2016Howard Gleckman
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0268 - Distribution of Itemized Deductions Under Current Law, Before Pease Limitation, by Expanded Cash Income Level, 2017

These tables show, for 2017, the distribution by income percentile of itemized deductions in excess of the standard deduction. These tables show the tabulations after...
November 21, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0269 - Distribution of Itemized Deductions in Excess of the Standard Deduction Under Current Law, Before Pease Limitation, by Expanded Cash Income Level, 2017

These tables show, for 2017, the distribution by income level of itemized deductions in excess of the standard deduction. These tables show the tabulations before...
November 21, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0270 - Distribution of Itemized Deductions Under Current Law, After Pease Limitation, by Expanded Cash Income Level, 2017

These tables show, for 2017, the distribution by income level of total itemized deductions. These tables show the tabulations after the Pease limitation on itemized...
November 21, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0271 - Distribution of Itemized Deductions in Excess of the Standard Deduction Under Current Law, After Pease Limitation, by Expanded Cash Income Level, 2017

These tables show, for 2017, the distribution by income level of itemized deductions in excess of the standard deduction. These tables show the tabulations after...
November 21, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0272 - Distribution of Itemized Deductions Under Current Law, Before Pease Limitation, by Expanded Cash Income Percentile, 2017

These tables show, for 2017, the distribution by income percentile of total itemized deductions. These tables show the tabulations before the Pease limitation on itemized...
November 21, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0273 - Distribution of Itemized Deductions in Excess of the Standard Deduction Under Current Law, Before Pease Limitation, by Expanded Cash Income Percentile, 2017

These tables show, for 2017, the distribution by income percentile of itemized deductions in excess of the standard deduction. These tables show the tabulations before...
November 21, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0274 - Distribution of Itemized Deductions Under Current Law, After Pease Limitation, by Expanded Cash Income Percentile, 2017

These tables show, for 2017, the distribution by income percentile of total itemized deductions. These tables show the tabulations after the Pease limitation on itemized...
November 21, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0275 - Distribution of Itemized Deductions in Excess of the Standard Deduction Under Current Law, After Pease Limitation, by Expanded Cash Income Percentile, 2017

These tables show, for 2017, the distribution by income percentile of itemized deductions in excess of the standard deduction. These tables show the tabulations after...
November 21, 2016
Federal Budget and Economy: TaxVox

Six bipartisan opportunities for president-elect Trump

I have never believed that candidates should lay out detailed policy agendas in their campaigns. While broad outlines are helpful, the specifics are too complex...
November 21, 2016C. Eugene Steuerle
: Daily Deduction

Tax reform: Not easy, not cheap

Tax reform might look like a sure thing in 2017, but it will still be hard.
November 21, 2016Renu Zaretsky
Individual Taxes: Other Tables

T16-0267 - Income Breaks for the 2016 Tax Model (0516 Series), 2011-2026

Percentile breaks for adjusted gross income (AGI), expanded cash income, and expanded cash income adjusted for family size used in the distribution tables produced by...
November 18, 2016
: Daily Deduction

Spending, Tax Hikes, and Rates

House Republicans want a short-term budget deal with President Obama.
November 18, 2016Renu Zaretsky
Business Taxes: TaxVox

Taxing Multinationals Can’t Pay for Both Roads and Tax Rate Reductions

Aides to president-elect Donald Trump as well as key lawmakers are promoting a three-way deal that would include business tax reform, a tax break for...
November 17, 2016Howard Gleckman
: Daily Deduction

Bills, Miles, and Revenues

On the Hill and at a restaurant: House Republicans are in talks with President-elect Trump to figure out how to overhaul the US tax system... The President-elect assured diners at New York City’s 21 Club steakhouse that their taxes will be coming down.
November 17, 2016Renu Zaretsky
State and Local Issues: TaxVox

Missouri voters were sold a bill of (taxable) goods

When states cannot expand their tax base to services, including online services, they often raise sales tax rates.
November 16, 2016Richard C. Auxier
: Daily Deduction

Conflicts, Cuts, and Kansas

So many conflicts, so little time.
November 16, 2016Renu Zaretsky
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0262 - Additional $1,500 Young Child Tax Credit, No Phase-In, Distribution of Federal Tax Change by Expanded Cash Income Level, 2017

Impact on distribution of federal tax burden relative to current law of increasing per child amount of the child tax credit by $1,500 for children...
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0263 - Additional $1,500 Young Child Tax Credit, No Phase-In, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

Impact on distribution of federal tax burden relative to current law of increasing per child amount of the child tax credit by $1,500 for children...
November 15, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0264 - Double the Maximum Child Tax Credit Amount, Distribution of Federal Tax Change by Expanded Cash Income Level, 2017

Impact on distribution of federal tax burden relative to current law of doubling the per child amount for the child tax credit (CTC) from $1,000...
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0265 - Double the Maximum Child Tax Credit Amount, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

Impact on distribution of federal tax burden relative to current law of doubling the per child amount for the child tax credit (CTC) from $1,000...
November 15, 2016
Individual Taxes: Revenue Tables

T16-0266 - Reforming the Child Tax Credit: An Update - Child Tax Credit Options - Revenue Table

Revenue table for "Reforming the Child Tax Credit: An Update"
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0259 - Index Child Tax Credit Amount and Phase-out Thresholds and Increase Child Tax Credit Phase-out for Married Couple, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

Impact on distribution of federal tax burden relative to current law of indexing child tax credit amount for inflation and increasing the phase-out threshold for...
November 15, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0260 - Additional $1,500 Young Child Tax Credit, Distribution of Federal Tax Change by Expanded Cash Income Level, 2017

Impact on distribution of federal tax burden relative to current law of increasing per child amount of the child tax credit by $1,500 for children...
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0261 - Additional $1,500 Young Child Tax Credit, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

Impact on distribution of federal tax burden relative to current law of increasing per child amount of the child tax credit by $1,500 for children...
November 15, 2016