Since 2004, the Urban Brookings Tax Policy Center has been analyzing the tax plans of presidential candidates. We are doing the same for the 2016...

Another step on the road to highway funding. The House easily approved the highway bill by a vote of 359 to 65 , and the Senate will soon follow suit. But TPC’s Howard Gleckman notes that at least a third of the bill is funded with gimmicks and new borrowing. Nonetheless, President Obama says he’ll

The highway bill is almost a done deal. The House may vote on the $305 billion measure today, and the White House has indicated that the President will sign it. Question is whether the Senate can act by Friday, or whether it will need another extension of a few days to finish. The bill sets

How do you solve a problem like tax extenders? As TPC’s Howard Gleckman explains, you don’t. Congress continues to try to reach a deal on dozens of mostly business tax breaks that technically expired last December. This time, instead of renewing them for a year or two like they usually do,

There’s more than one way to skin offshore earnings. TPC’s Steve Rosenthal explains how Congress could slow tax-motivated departures like corporate inversions and preserve the tax base: Levy an exit tax. “If a US company voluntarily departs (or is acquired by a foreign company in a hostile takeover

Pfizer’s recent decision to merge with Irish drugmaker Allergan generated headlines as the latest, and biggest, example of an inversion—where a U.S.-based firm combines with a foreign firm in order to save U.S. taxes (by sidestepping deferred U.S. tax liabilities and shifting income to the lower-