Tax Policy Center

CARES Act

Individual Taxes: TaxVox
With Congress about to debate a second round of stimulus payments for tens of millions of people, it is important to review some lessons about...
July 23, 2020Janet Holtzblatt
Federal Budget and Economy: TaxVox
When Congress returns from its summer break on July 20, its primary job (really, its only job) is to respond to the COVID-19 pandemic. Congress...
July 8, 2020Howard Gleckman
Federal Budget and Economy: TaxVox
President Trump has taken a strong position against calls by some on the political left to “defund” police departments. At the same time, he continues...
June 10, 2020Howard Gleckman
Business Taxes: TaxVox
With the May jobless rate at 13.3 percent —an improvement over April but still terrible-- policymakers are considering many ideas to support workers in the...
June 5, 2020Howard Gleckman
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
I look forward to the day when the economy is strong enough that we can worry about the gigantic debt left behind by federal relief and recovery efforts.
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