Distribution of federal tax change in 2011, by cash income percentile, from replacing the mortgage interest deduction with a revenue neutral 21.6 percent non-refundable credit, compared with current law.
Distribution of federal tax change in 2011, by cash income level, from replacing the mortgage interest deduction with a revenue neutral 17.6 percent refundable credit, compared with current law.
Distribution of federal tax change in 2011, by cash income percentile, from replacing the mortgage interest deduction with a revenue neutral 17.6 percent refundable credit, compared with current law.
David Walker , a former Government Accountability Office head, thinks it’s a problem that half of Americans don’t pay federal income taxes. At the June...
In Washington, bad ideas never go away. Now two old tax breaks have resurfaced with the ostensible goal of creating jobs, despite plenty of evidence...
Every couple years, the Congressional Budget Office publishes a very scary document, The Long-Term Budget Outlook . As in previous reports, the conclusion is that...
Social Security has two obvious problems. While the system is not “broke,” as some insist, it will have only enough money to provide future retirees...
Ten-year revenue estimate of repealing exclusion from HI payroll tax of employer-sponsored health insurance premiums and Medical Flexible Spending Accounts, compared with current law.
Sensible budget wonks of all political stripes understand that a solution to our looming budget crisis will require more tax revenues. The aging of the...
Distribution of tax-units owing federal income and payroll taxes, by cash income percentile, under current law, for 2011. The table shows the distribution of tax-units whose payroll tax liability exceeds their individual income tax liability.
Distribution of tax-units owing federal income and payroll taxes, by cash income level, under current law, for 2012. The table shows the distribution of tax-units whose payroll tax liability exceeds their individual income tax liability.
Distribution of tax-units owing federal income and payroll taxes, by cash income level, under current law, for 2011. The table shows the distribution of tax-units whose payroll tax liability exceeds their individual income tax liability.
Distribution of tax-units owing federal income and payroll taxes, by cash income percentile, under current law, for 2012. The table shows the distribution of tax-units whose payroll tax liability exceeds their individual income tax liability.
In a revealing interview with Steve Moore of The Wall Street Journal , Representative Michele Bachmann(R-MN) called for repealing taxes on capital gains. She also...
Distribution of federal tax change and tax units who no longer pay income tax, by cash income level, resulting from excluding realized capital gains from taxation.
Distribution of federal tax change and tax units who no longer pay income tax, by cash income level, resulting from excluding realized capital gains, dividends and interest income from taxation.
A majority of Senate Republicans yesterday took a symbolic but hugely important vote to eliminate $6 billion in tax subsidies for the production of ethanol...
Number of tax units with zero or negative individual income tax liability and payroll tax liability under current law, current policy and the Administration?s FY2012 Budget Proposals, between years 2012 and 2022.
Plenty. In his economic speech on Tuesday , presidential candidate Tim Pawlenty set out an ambitious goal for economic growth: Let’s grow the economy by...
