Individual Taxes: Distribution Tables by Dollar Income Class

T16-0255 - Index Child Tax Credit Amount and Phase-out Thresholds, Distribution of Federal Tax Change by Expanded Cash Income Level, 2017

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

T16-0256 - Increase Child Tax Credit Phase-out for Married Couples, Distribution of Federal Tax Change by Expanded Cash Income Level, 2017

Impact on distribution of federal tax burden relative to current law of increasing the phase-out threshold for the child tax credit for married couples from...
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0257 - Increase Child Tax Credit Phase-out for Married Couples, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

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

T16-0258 - 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 Level, 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 Percentile

T16-0251 - Reduce Child Tax Credit Refundability Threshold to $0, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

Impact on distribution of federal tax burden relative to current law of reducing child tax credit (CTC) refundability threshold to $0 of earnings, by income...
November 15, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0252 - Allow Child Tax Credit for Children Under 19, Distribution of Federal Tax Change by Expanded Cash Income Level, 2017

Impact on distribution of federal tax burden relative to current law of increasing the eligibility age for the child tax credit from under 17 to...
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0253 - Allow Child Tax Credit for Children Under 19, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2017

Impact on distribution of federal tax burden relative to current law of increasing the eligibility age for the child tax credit from under 17 to...
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0254 - Index Child Tax Credit Amount and Phase-out Thresholds, 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 and phase-out thresholds for inflation, by income percentile...
November 15, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0249 - Benefits of the Child Tax Credit, by Expanded Cash Income Percentile, 2017

Impact on distribution of federal tax burden relative to current law of eliminating child tax credit (CTC), by percentile for 2017.
November 15, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0250 - Reduce Child Tax Credit Refundability Threshold to $0, Distribution of Federal Tax Change by Expanded Cash Income Level, 2017

Impact on distribution of federal tax burden relative to current law of reducing child tax credit (CTC) refundability threshold to $0 of earnings, by income...
November 15, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0248 - Benefits of the Child Tax Credit, by Expanded Cash Income Level, 2017

Impact on distribution of federal tax burden relative to current law of eliminating child tax credit (CTC), by income level for 2017.
November 15, 2016
Campaigns, Proposals, and Reforms: TaxVox

Don’t confuse Trump’s tax cuts with tax reform

Have you noticed the subtle reframing of Donald Trump’s tax plan? During the campaign, it was a huge tax cut. Now, Trump and his congressional...
November 15, 2016Howard Gleckman
: Daily Deduction

Beneficiaries, Lame Ducks, and Inclusive Growth

Who could benefit from Trump’s tax plan? In case you missed it, TPC’s Lily Batchelder spoke with NPR over the weekend about the primary beneficiaries of the president-elect’s proposals. They are not the “middle-class” as, Trump has promised.
November 15, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: Revenue Tables

T16-0247 - Donald Trump's Revised Tax Plan: Impact on Tax Revenue, 2016-26 by Fiscal Year and Total for FY2027-36 (Updated)

Impact of Donald Trump's revised tax plan on federal revenues, relative to current law, for fiscal years 2016-26 and 2027-36. Also shows the impact of...
November 14, 2016
State and Local Issues: TaxVox

Why an unusual coalition defeated Washington state’s carbon tax initiative

Last Tuesday, Washington State voters rejected a ballot initiative that would have created the first carbon tax in the United States.
November 14, 2016Megan Randall
: Daily Deduction

Tax cuts: A new friendly frontier?

The GOP Congress and the President-Elect both want tax cuts, soon, but which ones?
November 14, 2016Renu Zaretsky
: Daily Deduction

A gap between Trump’s populist rhetoric and his tax plan, and surprising state and local tax decisions

Donald Trump talked like a populist, but his tax plan…not so much.
November 11, 2016Renu Zaretsky
State and Local Issues: TaxVox

The next recession: are the states ready?

There will be another recession. The only question is when.
November 11, 2016Norton Francis
Campaigns, Proposals, and Reforms: TaxVox

Trump’s Campaign Rhetoric May Have Been Populist But His Tax Plan Isn’t

Donald Trump ran for president as a classic anti-establishment candidate , promising to stand up for regular Joes against the political and economic elites. He...
November 10, 2016Howard Gleckman
: Daily Deduction

Where will tax policy go next?

Five issues to watch in the Trump Administration: TPC’s Howard Gleckman offers a reminder that “Trump was highly malleable when it came to the specifics of his tax agenda.”
November 10, 2016Renu Zaretsky
: Daily Deduction

We have a President-Elect

The GOP's Donald Trump, in a stunning upset, defeats Democratic nominee Hillary Clinton. The GOP also retained control of the Senate and House. There's lots of uncertainty about a Trump Administration but one thing seems certain: A big tax cut is in our future.
November 9, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox

Five Tax Policy Issues To Watch In The Trump Administration

Five Tax Policy Issues To Watch In The Trump Administration
November 8, 2016Howard Gleckman
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0246 - Current Law Distribution of Tax Units Receiving Pell Grants, AOTC, and LLC, All Students, by Adjusted Gross Income, 2017

Distribution by the level of adjusted gross income (AGI) in 2017 of the number of tax units with post-secondary students, the number of Pell Grant...
November 8, 2016
: Daily Deduction

Reason, Revenue, and Reform

Why are so many so angry? The Tax Hound found at least one reason.
November 8, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: Journal Article

Protecting Trump's $916 Million of NOLs

In this article, Rosenthal argues that Republican presidential nominee Donald Trump aggressively stretched the law to avoid hundreds of millions of dollars of discharge of indebtedness income. This article was originally published by TaxNotes.
November 7, 2016Steven M. Rosenthal