Tax Policy Center


Business Taxes: TaxVox
It appears that the green energy tax breaks included in last year’s Inflation Reduction Act (IRA) are more popular among businesses than Congress imagined when...
July 14, 2023Howard Gleckman
Federal Budget and Economy: TaxVox
The Congressional Budget Office estimates the national debt will increase by $19 trillion over the next decade under current law, $3 trillion more than it...
February 16, 2023Howard Gleckman
Business Taxes: TaxVox
Corporate tax revenues boomed in 2021 and some supporters of the 2017 Tax Cuts and Jobs Act argue that the big tax reductions in the...
June 3, 2022William G. GaleKyle PomerleauSteven M. Rosenthal
Federal Budget and Economy: TaxVox
The Internal Revenue Service has limped through yet another tax filing season, reduced to plugging staffing holes in customer service and returns processing by shifting...
April 18, 2022Janet Holtzblatt
: TaxVox
In a 50-50 Senate where every vote counts, President Biden’s “Build Back Better” (BBB) fiscal agenda has a new name and—if it wants the vote...
March 10, 2022John Buhl
Federal Budget and Economy: TaxVox
The COVID-19 pandemic and accompanying recession laid bare many of the needs of working families and children, as well as federal, state, and local governments’...
May 13, 2021C. Eugene Steuerle
Individual Taxes: TaxVox
In 2017 and again in 2020, Congress made deficient—but temporary—changes to the federal income tax deduction for charitable giving. By significantly increasing the standard deduction,...
March 23, 2021C. Eugene SteuerleRobert McClellandNikhita Airi
: TaxVox
It never is easy for government to respond to crises, especially one as big and far-reaching as the COVID-19 pandemic. Yet, a better policymaking process...
March 1, 2021C. Eugene Steuerle
Federal Budget and Economy: TaxVox
Largely as a consequence of the pandemic, trillions of dollars have been flowing out of the Treasury’s coffers. The Congressional Budget Office (CBO) projects the...
January 19, 2021C. Eugene SteuerleErald Kolasi
: TaxVox
Would increasing the Internal Revenue Service’s funding for audits increase tax collections by more than the cost? Yes, if the funds are spent wisely.
September 28, 2020Janet Holtzblatt