Table shows the combined distributional impacts of the major economic stimulus provisions in H.R.6800 Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act as Passed...
Table shows the combined distributional impacts of the major economic stimulus provisions in H.R.6800 Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act as Passed...
Table shows the distributional impacts of repealing the state and local tax (SALT) deduction cap, as in H.R.6800 Health and Economic Recovery Omnibus Emergency Solutions...
Table shows the distributional impacts of repealing the state and local tax (SALT) deduction cap, as in H.R.6800 Health and Economic Recovery Omnibus Emergency Solutions...
Over the past few decades, corporate income tax rates and revenues have eroded worldwide as multinational corporations have shifted their reported profits from intangible assets...
According to the Joint Committee on Taxation, Congress spent about $1.5 billion in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to create a...
We examine how proposals to modify and expand the EITC would change its impacts during economic downturns. Using components from the Economic Security Project’s Cost-of-Living Refund, we identify three main effects. First, accelerating the credit phase-in (or eliminating it entirely) would reduce
The share of adjusted gross income (AGI) made up of interest and dividends rises with income. In 2017, the share was 2% for taxpayers with AGI under $100,000 compared with 17% for those with AGI over $10 million.
Congress is headed toward a fourth COVID-19 relief package – and arguably the first one directly addressing state and local governments’ pandemic-induced fiscal crisis ...
Last week, President Trump said the Administration will urge the US Supreme Court to overturn the entire 2010 Affordable Care Act. While the High Court...
Federal tax law provides substantial tax incentives for retirement saving. These include the deferral of taxes on contributions to retirement savings accounts by employers, employees, and self-employed taxpayers and the earnings on these contributions until the funds are withdrawn in retirement for
Distribution by expanded cash income level of the impacts of repealing the Affordable Care Act's 0.9 percent additional Medicare tax on earnings in excess of...
Distribution by expanded cash income percentile of the impacts of repealing the Affordable Care Act's 0.9 percent additional Medicare tax on earnings in excess of...