Tax Policy Center

Congress

Federal Budget and Economy: TaxVox

Paying 2013 Dividends in 2012 May Save on Taxes but Not for Everyone

Regardless of the outcome of the fiscal cliff negotiations, taxes on dividends will be higher in 2013 than in 2012. As a result, companies can...
December 12, 2012Roberton C. Williams
Federal Budget and Economy: TaxVox

Can Congress Raise Taxes on the Rich without Raising Their Rates? Maybe

At his press conference yesterday , President Obama said it is nearly impossible to raise taxes on the wealthy (a key piece of his fiscal...
November 15, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

Will Going Over the Fiscal Cliff Make a Budget Deal Possible?

This afternoon, I moderated an Urban Institute panel on taxes and the fiscal cliff. The fundamental question on the table: Will Congress have to tumble...
October 2, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

If Congress Goes Over the Fiscal Cliff Your Taxes Will Likely Go Up

If Congressional gridlock sends the U.S. government tumbling over the fiscal cliff later this year, Americans could face an average tax hike of almost $3,500...
October 1, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Should We Delay the Tax Cut Debate Until Early 2013?

Over the past week or so, Bill Clinton, Larry Summers, and Glenn Hubbard have all made the same suggestion: Congress should extend all of the...
June 7, 2012Howard Gleckman
Individual Taxes: TaxVox

Taxing Amazon: Good for Virginia and Good for Me

I’ve finally finished my income tax returns for 2011. The last task—and least pleasant—is figuring my Virginia use tax . That’s the sales tax I...
April 3, 2012Roberton C. Williams
Federal Budget and Economy: TaxVox

Will Obama’s 2013 Budget Raise or Lower Taxes? Yes.

Republicans like to say President Obama is a chronic, unrepentant tax-raiser. Obama himself used to say he was a tax-cutter but now touts himself as...
March 21, 2012Roberton C. Williams
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
Federal Budget and Economy: TaxVox

Note to the Rich: Don’t Spend All of Your Payroll Tax Cut Yet

After much anguish, Congress finally extended this year’s payroll tax cut for two more months. The final bill passed in nearly empty chambers a couple...
December 28, 2011Roberton C. Williams
Federal Budget and Economy: TaxVox

The 16-Percent Solution—Hard on the Rich

The fate of The Temporary Payroll Tax Cut Continuation Act of 2011 remains uncertain. But thanks to a carefully crafted technical change to the current...
December 19, 2011Roberton C. Williams