Tax Policy Center

capital gains tax

Individual Taxes: TaxVox
Senators Pat Toomey (R-PA) and Kyrsten Sinema (D-AZ) have proposed exempting cryptocurrency transactions of $50 or less from capital gains taxes. While it seems like...
August 1, 2022Howard Gleckman
Individual Taxes: TaxVox
Did President Biden and other Democrats read 18 th century revolutionary Tom Paine before they proposed their taxes on extreme wealth? Hard to know, but...
May 10, 2022Howard Gleckman
Individual Taxes: TaxVox
Democrats started this year with President Biden’s proposal to raise taxes on high-income households as a way to help pay for an ambitious social spending...
December 21, 2021Howard Gleckman
Individual Taxes: TaxVox
How The Democrats’ New Millionaire Surtax Would Work Democrats, scrambling to find a way to tax high-income households that Congress is willing to enact, appear...
October 28, 2021Howard Gleckman
Federal Budget and Economy: TaxVox
All major provisions of the House Ways & Means Committee’s budget reconciliation tax bill would cut 2022 taxes on average for households making $200,000 or...
September 28, 2021Howard Gleckman
Individual Taxes: TaxVox
When Congress debates major legislation, the public often focuses on a single narrow issue—one frequently irrelevant to the main point of the bill. It happened...
September 10, 2021Howard Gleckman
Individual Taxes: TaxVox
Pro Publica’s recent story about the small amount of tax paid by many of the nation’s billionaires has focused new attention on what critics say...
June 15, 2021C. Eugene Steuerle
: TaxVox
President Biden has proposed to tax capital gains earned by high-income households more like other income. This is a significant reform that would close loopholes...
April 28, 2021Leonard E. Burman
Business Taxes: TaxVox
Back in 1991, Saturday Night Live spoofed politicians who see capital gains tax cuts as a panacea. In one sketch, after being frozen for eons,...
May 11, 2020Leonard E. Burman
: TaxVox
Democratic presidential hopeful Elizabeth Warren has proposed a number of new taxes on high-income households. Add them up and many of the very wealthiest could pay marginal effective tax rates of more than 100 percent.
November 7, 2019Howard Gleckman