This paper analyzes three options to increase individual income tax rates to reduce the projected debt-to-GDP to 60% by 2020, 2025 or 2035. Option 1 increases all individual income tax rates, Option 2 increases only the top three rates, and Option 3 only the top two rates. Options are analyzed
The statutory rate structure of the federal individual income tax the number and width of brackets and the level of rates has changed significantly over time, as has the distribution of taxpayers across rates. This article examines how the top statutory marginal tax rate changed at various
The Auto IRA could improve retirement security for millions of workers while boosting America's saving rate, leading to improved living standards for future generations.
Leonard Burman's testimony before the Senate Budget Committee on tax reform to encourage economic growth, reduce the federal deficit, and to promote fairness.
In his campaign for the Republican presidential nomination, Mitt Romney has proposed permanently extending the 2001–03 tax cuts, further cutting individual income tax rates, broadening the tax base by reducing tax preferences, eliminating taxation of investment income of most individual taxpayers,
Distribution of federal tax change, by cash income level, of Mitt Romney's tax plan excluding unspecified base broadeners, measured against current law.
Distribution of federal tax change, by cash income percentile, of Mitt Romney's tax plan excluding unspecified base broadeners, measured against current law.
Distribution of federal tax change, by cash income level, of Mitt Romney's tax plan excluding unspecified base broadeners, measured against current policy.
Distribution of federal tax change, by cash income percentile, of Mitt Romney's tax plan excluding unspecified base broadeners, measured against current policy.
Fiscal year 2013-2022 revenue impact of extending the 20001-2010 tax cuts, repealing the AMT, and reducing ordinary income tax rates by 20 percent, measured against current law.
At first glance, it looked like President Obama and congressional Republicans were miraculously headed in the same direction on corporate tax reform. Reform plans by...
The President’s new Framework for Business Tax Reform is two documents in one. The first diagnoses the many flaws in America’s business tax system, and...
Republican Presidential candidates say--all the time--that they hate budget deficits. A linchpin of each of their campaigns is a promise to slash government and eliminate...
After a frantic day of listening to rival briefings and addressing reporters’ questions on the new tax reform plans unveiled by President Obama and Governor...
The other day, I criticized the unwillingness of Congress to finance the latest extension of the payroll tax cut. Since that blog, the Congressional Budget...
The 2-percentage-point payroll tax cut extended by Congress in December and again last week will save workers a total of $114 billion this year, according...
2012 Distribution table, by cash income levels, of H.R. 3630: The Middle Class Tax Relief and Job Creation Act of 2012 against a current law baseline which excludes the Temporary Payroll Tax Cut Continuation Act of 2011.
2012 Distribution table, by cash income percentiles, of H.R. 3630: The Middle Class Tax Relief and Job Creation Act of 2012 against a current law baseline which excludes the Temporary Payroll Tax Cut Continuation Act of 2011.
2012 Distribution table, by cash income levels, of H.R. 3630: The Middle Class Tax Relief and Job Creation Act of 2012 against a current policy baseline which excludes the Temporary Payroll Tax Cut Continuation Act of 2011.
2012 Distribution table, by cash income percentiles, of H.R. 3630: The Middle Class Tax Relief and Job Creation Act of 2012 against a current policy baseline which excludes the Temporary Payroll Tax Cut Continuation Act of 2011.
