Tax Policy Center


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
Business Taxes: TaxVox
Back in 1991, Saturday Night Live spoofed politicians who see capital gains tax cuts as a panacea. In one sketch, after being frozen for eons,...
May 11, 2020Leonard E. Burman
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
Business Taxes: TaxVox
One of President Trump’s demands for the next COVID-19 relief bill is restoration of the tax deduction for business meals and entertainment expenses. Since the...
May 7, 2020Howard Gleckman
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
State and Local Issues: TaxVox
Senate Majority Leader Mitch McConnell (R-KY) recently said he is “in favor of allowing states to use the bankruptcy route,” instead of Congress providing them...
April 24, 2020Richard C. Auxier
Federal Budget and Economy: TaxVox
Perhaps it is a good time to start thinking about how the federal government is going to repay this new debt.
April 23, 2020Howard Gleckman