Leonard Burman's testimony, submitted to the U.S. Senate Finance Subcommittee on Taxation and IRS Oversight, focuses on both the original minimum tax and its successor, the individual alternative minimum tax (AMT). Both the minimum tax and the AMT have applied in the past to a small minority of

H.R. 25 would replace federal taxes with a 23 percent tax-inclusive (30 percent tax-exclusive) sales tax on private consumption, household interest payments, and government spending, and give households payments to offset taxes on consumption up to the poverty line. This paper shows that even if

Few taxpayers still prepare their returns the old-fashioned way - with pencil and paper. The percentage of individual taxpayers who prepare their own returns without software dropped from 40 percent to 13 percent in the last decade, while paid preparer and software use increased. In tax year 2003,

Encouraging and strengthening marriage continues to move up the U.S. social policy agenda. This analysis uses nationally representative data on cohabiting couples with children from the 2002 round of the National Survey of America's Families (NSAF) to assess marriage penalties or bonuses facing

[ Los Angeles Times ] If you thought this year's tax bill was a burden, wait until you see your "share" of government spending in 2050. Tax Policy Center codirector Len Burman looks into the future according to CBO and sees a number of doomsday scenarios looming. Among them are a doubling of all