Tax Policy Center

Alternative Minimum Tax

Campaigns, Proposals, and Reforms: TaxVox

Taxes and Paul Ryan’s Budget

House Budget Committee Chair Paul Ryan (R-WI) has proposed a controversial plan to balance the budget in 10 years , entirely by cutting planned spending...
March 12, 2013Howard Gleckman
Individual Taxes: TaxVox

How the New Tax Act Affects the Alternative Minimum Tax

In the alphabet soup of Washington, ATRA fixed the AMT , sort of. In English, the newly enacted American Taxpayer Relief Act of 2012 will...
January 18, 2013Roberton C. Williams
Federal Budget and Economy: TaxVox

Congress Kicks the Fiscal Can off the Front Stoop

In the end, it looks like Congress isn’t even going to kick the fiscal can down the road. Assuming the House passes the deal agreed...
January 1, 2013Howard Gleckman
Individual Taxes: TaxVox

The Turbo Tax Paradox

Like many of you, I just finished my 2011 tax return. Counting worksheets, it was 59 pages long. It occurs to me that our current...
April 17, 2012Howard Gleckman
Individual Taxes: TaxVox

Cutting Tax Rates by 20 Percent Could Add $3 Trillion to the Deficit Over a Decade

Last week, Mitt Romney proposed a new tax plan that would, among other things, reduce individual tax rates by 20 percent across the board and...
February 29, 2012Howard Gleckman
Individual Taxes: TaxVox

Congress Is Back, and So Are Its Battles Over Tax and Budget Policy

The least popular Congress in memory is back. I, personally, am thrilled. After a year in which lawmakers did almost nothing besides (barely) keeping the...
January 17, 2012Howard Gleckman
Individual Taxes: TaxVox

Whatever Happened to All Those Expiring Tax Breaks?

In two days, 53 targeted tax breaks will, officially at least, die. By the congressional Joint Committee on Taxation’s count , that’s the number of...
December 29, 2011Howard Gleckman
Federal Budget and Economy: TaxVox

The Do-Nothing Fiscal Fix: Recipe for Recession

Given Washington’s endless partisan nastiness—and thanks to some updated estimates by the Congressional Budget Office--it seems like a good time to revisit an old idea:...
September 1, 2011Howard Gleckman