Tax Policy Center

CARES Act

Individual Taxes: TaxVox
Congress can’t seem to end its love affair with tax deductions. For a brief period starting with then-House Ways & Means Committee Chair Dave Camp’s...
May 28, 2020Howard Gleckman
Individual Taxes: TaxVox
Remember when then-presidential hopefuls Bernie Sanders and Elizabeth Warren made wealth taxes key parts of their campaigns for the Democratic presidential nomination? That seems so...
May 28, 2020Janet Holtzblatt
Individual Taxes: TaxVox
The Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES Act), passed by the House of Representatives, would temporarily expand the child tax credit (CTC)...
May 26, 2020Elaine Maag
Individual Taxes: TaxVox
The major individual income tax provisions in the House-passed Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act would cut taxes by an average of...
May 22, 2020Howard Gleckman
: TaxVox
According to the Joint Committee on Taxation, Congress spent about $1.5 billion in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to create a...
May 19, 2020C. Eugene Steuerle
Business Taxes: TaxVox
Treasury Secretary Steven Mnuchin and the IRS are right: Because the hundreds of billions of dollars the businesses are getting through the Coronavirus Aid, Relief,...
May 8, 2020Steven M. Rosenthal
Federal Budget and Economy: TaxVox
Did the Treasury Department’s decision to put President Trump’s name on the coronavirus stimulus checks slow the mailing of those checks? Of course it did,...
April 30, 2020C. Eugene Steuerle
Federal Budget and Economy: TaxVox
President Trump continues to promote a payroll tax holiday as a piece of the next coronavirus relief bill. The idea fails as either relief or stimulus...
April 29, 2020Howard Gleckman
Individual Taxes: TaxVox
The IRS has done an impressive job delivering over 80 million rebate payments authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. But...
April 28, 2020Elaine Maag
Individual Taxes: TaxVox
Can heirs keep a Coronavirus Recovery Rebate that the Internal Revenue Service sent to a dead person? If the decedent passed away this year, the...
April 27, 2020Janet Holtzblatt