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Grocery food is exempt from general sales taxes in most states. And among the 13 states that tax it, only Alabama, Mississippi, and South Dakota levy their full tax rate without a credit or rebate.
August 10, 2020
Individual Taxes: Research report

Accounting for The Benefit of Retirement Saving Incentives in Distribution Tables

Technical Methodology Report
This paper describes the updated methodology that the Urban-Brookings Tax Policy Center (TPC) uses to estimate the benefits taxpayers receive from proposals that allow them to save through a qualified retirement savings plan. We present tables comparing how we currently measure these benefits and
August 7, 2020Eric ToderSurachai Khitatrakun
: Daily Deduction

Coronavirus Relief Talks Rage On

Democrats hold fast to the $600 unemployment benefit boost as talks continue.
August 7, 2020Renu Zaretsky
Federal Budget and Economy: Virtual Event

The Prescription: Fiscal Policy for the COVID-19 Economy with Michael Strain

This Week’s Guest: Michael R. Strain The Urban-Brookings Tax Policy Center is holding a series of online conversations on policy responses to the COVID-19 economy...
August 6, 2020
: Daily Deduction

No Coronavirus Agreement Tomorrow?

The Senate will not go home this week.
August 6, 2020Renu Zaretsky
: Daily Deduction

Continued Negotiations, Heightened Anticipation

Still no deal for coronavirus relief.
August 5, 2020Renu Zaretsky
State and Local Issues: TaxVox

Lights Flashing, Sirens Blaring: State and Local Governments Need Federal Aid

Congress is nowhere near an agreement on how much additional federal aid to send to state and local governments. It’s been a worrying situation for months. Now, we should be alarmed.
August 5, 2020Renu Zaretsky
: Daily Deduction

If You Want Something Done Right, Do It Yourself?

President Trump mulls executive action for coronavirus relief.
August 4, 2020Renu Zaretsky
: Daily Deduction

Another Week for Congress to Work It Out?

“Try to see it my way…” Congress is still nowhere near an agreement on a fifth coronavirus relief package.
August 3, 2020Renu Zaretsky
Over 137 million federal individual income tax returns, or 89% of the total, were filed electronically in fiscal year 2019. Nearly two decades before, in 2000, this share of returns was under 30%.
August 3, 2020
: Daily Deduction

The Economy Contracts, Unemployed Benefits Expire

Bad economic news.
July 31, 2020Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox

How Would A Second Round Of COVID-19 Rebates Affect Households?

It may be months before a vaccine against the COVID-19 virus is available to everyone. But it may be just a month or so before...
July 30, 2020Janet Holtzblatt
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T20-0235–Combined Effect of Recovery Rebates for Individuals in CARES ACT and Senate HEALS Act, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2019

This table shows the distribution of federal tax change in 2019 by expanded cash income percentile of the combined effect of recovery rebates for individuals...
July 30, 2020
Campaigns, Proposals, and Reforms: Distribution Tables by Income Percentile

T20-0233–Additional 2020 Recovery Rebates for Individuals in Senate HEALS Act, Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2019

This table shows the distribution of federal tax change in 2019 by expanded cash income percentile of the additional 2020 recovery rebates for individuals in...
July 30, 2020
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T20-0234–Combined Effect of Recovery Rebates for Individuals in CARES ACT and Senate HEALS Act, Distribution of Federal Tax Change by Expanded Cash Income Level, 2019

This table shows the distribution of federal tax change in 2019 by expanded cash income level of the combined effect of recovery rebates for individuals...
July 30, 2020
Campaigns, Proposals, and Reforms: Distribution Tables by Income Level

T20-0232–Additional 2020 Recovery Rebates for Individuals in Senate HEALS Act, Distribution of Federal Tax Change by Expanded Cash Income Level, 2019

This table shows the distribution of federal tax change in 2019 by expanded cash income level of the additional 2020 recovery rebates for individuals in...
July 30, 2020
: Daily Deduction

“We’re so far apart we don’t care.”

Coronavirus relief talks: Divisions between the GOP and Democrats remain.
July 30, 2020Renu Zaretsky
: Daily Deduction

House Dems on Senate GOP relief plans: “No.”

A final COVID-19 stimulus bill will look a lot like the House’s HEROES Act.
July 29, 2020Renu Zaretsky
Federal Budget and Economy: TaxVox

There Will Be No Showdown Over The Next COVID-19 Stimulus Bill. Pelosi Already Won.

Looking forward to the great partisan battle over the next COVID-19 relief bill? You may be disappointed. Nancy Pelosi already has won.
July 28, 2020Howard Gleckman
Individual Taxes: TaxVox

Recraft The EITC To Help Parents Caring For Children Who Can’t Return To School Full-Time

As parents learn how many days (if any) their children will be in a physical school this fall, many are preparing to provide care for...
July 28, 2020Elaine Maag
: Daily Deduction

“A bill, a bill, my kingdom for a bill!”

Senate Republicans disclose elements of their stimulus plan.
July 28, 2020Renu Zaretsky
: Daily Deduction

Deliberations on Next Relief Bill: This Week, Maybe

When it comes to getting cash in people’s pockets, Congress has options. Which one is best?
July 27, 2020Renu Zaretsky
The federal government's expenditures totaled $4.45 trillion in fiscal year 2019. Nearly two-thirds of the total was spent on major healthcare programs, Social Security, and national defense.
July 27, 2020
Individual Taxes: TaxVox

Congress Has Many Ways To Boost The Economy By Getting Cash Into People’s Pockets. Which One Is Best?

As Congress scrambles to pass another COVID-19 relief bill, it must decide how best to put money into the hands of people who are suffering...
July 24, 2020Howard Gleckman
: Daily Deduction

No GOP Coronavirus Relief Bill Yet

GOP COVID-19 relief effort has stalled.
July 24, 2020Renu Zaretsky

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