Table showing the distribution by cash income percentiles of extending the American Recovery and Reinvestment Act's provisions for the EITC. Includes distribution table for married tax units with children filing jointly.
President Obama says Governor Romney will cut taxes for high-income households by $250,000. Romney counters that under his plan, the rich will pay the same...
We present new estimates of the budget outlook, incorporating the latest projections by the Congressional Budget Office (CBO). Even with the economy recovering fully by 2018, current policy will result in deficits close to $9 trillion (4.5 percent of GDP) over the next decade, with the debt-to-GDP
The breathlessly-hyped debate between President Obama and Governor Romney left me with an empty feeling. There were many words--oh, there were words-- but even the...
The fiscal cliff is big (more than $500 billion in scheduled tax increases in 2013) and complicated (involving literally dozens of tax provisions, not just...
This afternoon, I moderated an Urban Institute panel on taxes and the fiscal cliff. The fundamental question on the table: Will Congress have to tumble...
If Congressional gridlock sends the U.S. government tumbling over the fiscal cliff later this year, Americans could face an average tax hike of almost $3,500...
Donald Marron, director of the Urban-Brookings Tax Policy Center, walks viewers through the anatomy of the Fiscal Cliff, explaining exactly what is at stake for Americans in various income groups.
