Tax Policy Center

Adele Morris

Business Taxes: TaxVox

Some In the Environmental Justice Movement Oppose A Carbon Tax. That Is A Problem

While President Biden has called climate change an existential threat, his proposals for addressing it remain modest relative to the enormity of the problem. In...
July 20, 2021Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

How Biden’s No-Tax Pledge Could Sink His Climate Change Initiative

Nowhere is President Biden’s ambitious policy agenda more in conflict than in his triple aim of funding a major infrastructure initiative , attacking climate change...
April 9, 2021Howard Gleckman
: TaxVox

Bill Nordhaus, The Nobel Prize, And Carbon Taxes

Bill Nordhaus, Climate Change, And Carbon Taxes Two events this week raised the profile of carbon taxes. The first was a report by the UN...
October 10, 2018Howard Gleckman
Business Taxes: TaxVox

What Should Government Do With Carbon Tax Revenues?

The other day, a high-powered group of former senior Republican policy advisers and business executives proposed replacing regulations aimed at reducing greenhouse gases with a...
February 14, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

The Best—And Worst—Tax Ideas of the 2016 Presidential Campaign

It is only April and we have heard presidential candidates propose some of the biggest and most ambitious tax plans i n modern US history. Donald Trump is proposing the largest tax cut ever, and Ted Cruz is not far behind. Bernie Sanders has proposed the biggest tax increase since World War II. But
April 14, 2016Howard Gleckman
Business Taxes: TaxVox

Could a Carbon Tax Prevent The Catastrophic Consequences of Climate Change That Obama Fears?

In recent days, President Obama has painted the risks of climate change in apocalyptic terms. Speaking in Anchorage, AK on Monday, Obama warned that without quick action to slow or reverse global warming, "entire nations will find themselves under severe, severe problems: More drought. More floods
September 1, 2015Howard Gleckman
Individual Taxes: TaxVox

Could EPA’s New Greenhouse Gas Rules Open the Door to a State-based Carbon Tax?

EPA’s proposed tough new standards for power-plant emissions of greenhouse gasses opens the door to new state or regional cap-and-trade systems to limit carbon discharges. It is less clear whether it would go the next step and permit states to impose their own carbon tax. The proposed EPA rules,
June 2, 2014Howard Gleckman
: TaxVox

Tax Relief, Hikes, and Incentives

DC residents will likely see tax cuts—the largest in 15 years. The DC Council voted yesterday to support $165 million in tax cuts , a plan based in part on recommendations made by the DC Tax Revision Commission . Tax burdens for low- and middle-income residents would decrease in January. For four
May 29, 2014Renu Zaretsky
: TaxVox

Corporations, Local Revenues, Tough Love, and Carbon

The House Ways and Means Committee marks up a bill restoring more expired tax breaks tomorrow. On the table: a measure making bonus depreciation for business investment permanent and reforming the tax treatment of some charitable giving. Bloomberg reports that the tax panel will consider whether to
May 28, 2014Renu Zaretsky
Individual Taxes: TaxVox

Turning Carbon Tax Theory Into Reality

A carbon tax has great appeal. It could reduce the risk of climate change by building emissions costs into market prices, thus discouraging the use of carbon-based fuels. And it would make a lot of revenue available for a broad range of purposes including reducing other taxes, new spending, or
May 27, 2014Howard Gleckman