Examining state and local finances in recent economic recoveries, we find that state and local government activity exhibited an unprecedented decline during the most recent recovery. Never before had state and local contribution to GDP been negative three years after a recession passed its low
Detailed summary of the 2014-2023 budget impacts of revenue proposals in President Obama?s FY 2014 budget, as estimated by the Office of Management and Budget.
Summary of the 2014-2023 budget impacts of business tax reform proposals in President Obama?s FY 2014 budget, as estimated by the Office of Management and Budget.
Detailed summary of the 2014-2023 budget impacts of business tax reform proposals in President Obama?s FY 2014 budget, as estimated by the Office of Management and Budget.
Summary of the 2014-2023 budget impacts of deficit reduction proposals in President Obama?s FY 2014 budget, as estimated by the Office of Management and Budget.
Just months ago, to the joy of conservatives and the consternation of liberals, several Republican governors proposed major tax reform plans. At least three--Bobby Jindal...
President Obama’s budget identifies a group of policies as a $1.8 trillion deficit reduction proposal. I found the budget presentation of this proposal somewhat confusing;...
The president’s FY 2014 Budget would limit tax benefits for workers with high-balance retirement saving accounts. Although critics call the plan a blow to workers’...
The White House has put out the word that President Obama’s budget will propose changing the way government adjusts benefits for Social Security and other...
Small businesses occupy an iconic place in American public policy debates. This paper discusses interactions between the federal tax code, small business, and the economy. We summarize the characteristics of small businesses, identify the tax provisions that most affect small businesses, and review
House Republicans, former GOP presidential hopeful Mitt Romney, and the chairs of President Obama’s 2010 fiscal commission, Erskine Bowles and Alan Simpson, have all called...