Yesterday, Senate Finance Committee Chairman Max Baucus (D-MT), who rarely gives public speeches, laid out his agenda for tax reform. Just for fun, I compared...
Today I had the chance to testify before the Select Revenue Measures Subcommittee of the House Ways and Means Committee about a perennial challenge, the...
The Congressional Budget Office’s latest update , released today, provides a snapshot of fiscal policy in the short run, the medium term, and the long...
This article develops an alternative post-2012 personal income tax regime, the "Better Base Case." It argues that revenue collections of the same magnitude as those projected by the CBO (i.e., "current law") are necessary over the medium term, but that the efficiency and equity of current law's
Distribution of federal tax change from introducing a 20% non-refundable credit, phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current law, by cash income level.
Distribution of federal tax change from introducing a 20% non-refundable credit, phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current law, by cash income percentile.
Distribution of federal tax change from introducing a 20% non-refundable credit, phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current policy, by cash income level.
Distribution of federal tax change from introducing a 20% non-refundable credit, phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current policy, by cash income percentile.
I recently blogged on Doug Holtz-Eakin’s four-step framework for tax reform. His roadmap—first agree on a progressive tax code, a top rate, and the total...
Make no mistake, any attempt at tax reform will be a heavy lift. But an interesting behind-the-scenes debate is brewing among reformers over just how...
State taxes and transfers can be an important form of assistance for low-income families. But the amount of government help varies widely among the states...
At the National Tax Association’s spring conference last week, former Congressional Budget Office Director Doug Holtz-Eakin laid out a path to tax reform in four...
Taxes and transfers at the state and federal level can have a large impact on the well-being of low-income families. How large a role states play varies, as demonstrated by the Urban Institutes recently released Net Income Change Calculator ( http://nicc.urban.org ). In twelve states, state taxes
The global financial crisis drained government coffers and rocked public confidence around the world. Many leaders now believe taxes on financial transactions and/or financial activities could relieve these shortfalls and shore up the public’s faith in the workings of economies near and far. Some
