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: Daily Deduction

A Pick, A Balk, and Maybe, an Overhaul

Ready for the GOP convention?
July 18, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox

Trump’s choice for VP, Mike Pence, is an experienced tax cutter

Donald Trump’s choice for vice president, Indiana Governor Mike Pence, has only run the state since 2013 but he’s already built a reputation as a...
July 15, 2016Richard C. Auxier
: Daily Deduction

An Elimination, Protection, A Credit, and Balance

Another tax plan from a House Ways & Means Committee Republican…
July 15, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: Conference

A Corporate Tax for the 21st Century

Please join the Urban-Brookings Tax Policy Center, the Oxford University Centre for Business Taxation, and the Robert D. Burch Center for Tax Policy and Public...
July 14, 2016
: Daily Deduction

Commitment, Choices, and Chances

House conservatives really, really don’t like the IRS Commissioner.
July 14, 2016Renu Zaretsky
: Daily Deduction

A Grim Fiscal Outlook, Release, an Update, and a Plan

CBO’s grim long-term fiscal outlook, Clinton, and Trump.
July 13, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox

Imagining Trump And Clinton Fiscal Policy In An Era of Growing Government Debt

The Congressional Budget Office’s long term budget outlook is a curious document. On one hand, a 30-year fiscal forecast will almost certainly be wrong. But...
July 12, 2016Howard Gleckman
: Daily Deduction

A Meeting, a Leap, and a Boost

Before the EU rules on Apple’s tax issues, a meeting with Treasury Secretary Lew.
July 12, 2016Renu Zaretsky
: Daily Deduction

A Meeting, a Leap, and a Boost

Before the EU rules on Apple’s tax issues, a meeting with Treasury Secretary Lew.
July 12, 2016Renu Zaretsky
Individual Taxes: TaxVox

A Closer Look At Those Who Pay No Income Or Payroll Taxes

The Tax Policy Center has updated its estimate of the percentage of Americans who pay no federal individual income taxes. And the number is: 44...
July 11, 2016Roberton C. Williams
Individual Taxes: Other Tables

T16-0121 - Tax Units with Zero or Negative Income Tax Under Current Law, 2011-2026

Number and percent of tax units that do not owe a positive amount of individual income tax, as well as those who do not owe...
July 11, 2016
: Daily Deduction

Rejection, Exemption, and Conviction

Another day, another dollar. The House rejected an amendment to cut IRS Commissioner John Koskinen’s salary to zero.
July 11, 2016Renu Zaretsky
: Daily Deduction

A Replacement, A Transfer, and a Base

What if your employer’s share of payroll taxes were replaced with a consumption tax?
July 8, 2016Renu Zaretsky
Business Taxes: TaxVox

Should Drugmakers Be Allowed To Avoid Taxes on Their Profits From An Alzheimer’s Drug?

In one of the most misguided ideas I’ve heard in a long time, two congressmen have introduced a bill to make profits from the sale...
July 8, 2016Howard Gleckman
Federal Budget and Economy: Research report

11 Essential Questions for Designing a Policy to Price Carbon

Adele Morris reviews the key policy design elements of a carbon tax or fee and the pros and cons of different options.
Economists widely advocate establishing a price on carbon as a central means of reducing greenhouse gas emissions and the risks of global climatic disruption and ocean acidification. To be sure, a price on carbon is necessarily one part of a broader climate policy portfolio that includes diplomatic
July 8, 2016Adele C. Morris
Federal Budget and Economy: TaxVox

The Federal Government on Autopilot: Mandatory Spending and the Entitlement Crisis

Yesterday, I testified before a House Judiciary Committee Task Force on the risks of having so much of government on auto-pilot. Through permanent, automatic, and...
July 7, 2016C. Eugene Steuerle
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0117 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2019

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0118 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2019

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0119 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2026

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0120 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2026

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0110 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2015

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0111 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2016

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0112 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2016

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Dollar Income Class

T16-0113 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Level, 2017

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016
Individual Taxes: Distribution Tables by Percentile

T16-0114 - Effective Marginal Tax Rates on Wages, Salaries, and Capital Income, By Expanded Cash Income Percentile, 2017

Distribution under a current law baseline of effective marginal individual income tax rates on: wages and salaries; long-term capital gains; qualified dividends; and interest income...
July 7, 2016

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