Tax Policy Center

Congress

Individual Taxes: TaxVox

Is Treasury About to Curb Tax Inversions on Its Own?

The Treasury Department put out the word that Secretary Jack Lew is considering regulatory curbs on corporate tax inversions, a step that may be intended to increase pressure on Congress to act once it returns from its summer recess in September. The matter of how much authority Treasury has to
August 19, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

Does Congress Really Care About the Deficit? Not When It Comes to Vets and Highways.

Next time a lawmaker starts to pontificate about the desperate need to reduce the budget deficit, remind him (or her) about what Congress did just before it left town last week. It passed two bills that are extremely important, but didn’t pay for either of them. And they are likely to add tens of
August 7, 2014Howard Gleckman
Individual Taxes: TaxVox

The Great Tax Inversion Death Spiral

Congress and corporate America are in a dangerous and mutually destructive race: The more lawmakers threaten to ban the practice of inversions—where U.S. based multinationals merge with foreign firms to lower their tax bill-- the more firms race to complete the deals while they can. The more deals
July 17, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

Fiscal Reality Check: Will Congress Pay for the Tax Extenders and the Doc Fix?

After it returns from Spring Break next week, Congress may face two big fiscal reality checks. It will have to decide whether to temporarily extend...
March 20, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

Tax Policy is MIA in the State of the Union

When it comes to tax policy, President Obama’s State of the Union address last night was a model of modesty. There was little new. And,...
January 29, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

IRS Gets Hammered in the 2014 Budget Agreement

The Internal Revenue Service is one of the biggest losers in the 2014 budget deal agreed to last night by House and Senate negotiators. Under...
January 14, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

Pay to Extend Unemployment Benefits? Why Not Pay to Extend Temporary Tax Breaks Too?

In the battle over whether to extend long-term unemployment benefits, one of the Republican talking points is: Sure, we’ll consider an extension, but it must...
January 9, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

TheTaxVox 2013 Lump of Coal Award: Wait ‘Til Next Year Edition

Tax Vox proudly announces its seventh annual Lump of Coal Award for the worst tax and fiscal policies of 2013. The year was a curious...
December 23, 2013Howard Gleckman
Individual Taxes: TaxVox

Budget Deal Doesn’t Raise Taxes But Many Will Still Pay More

The budget deal announced Tuesday wouldn’t raise taxes—members of Congress can vote for it without violating their no-tax pledges. But the plan will collect billions...
December 11, 2013Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox

The Budget Deal: A Needed Time Out From Washington’s Fiscal Tantrums

House and Senate budget negotiators have reached what can only be called a temporary fiscal truce—if they can convince their congressional colleagues to accept it...
December 11, 2013Howard Gleckman