Tax Policy Center

corporate income tax

: TaxVox

TaxVox’s Lump of Coal Award For The Worst Tax Policy Ideas of 2020

It goes without saying that 2020 was an awful year. Bad tax policy didn't make it much better.
December 22, 2020Howard Gleckman
Business Taxes: TaxVox

Biden’s Corporate Rate Increase Would Raise Revenue Efficiently and Progressively

President-elect Joe Biden has proposed major changes to the corporate income tax regime.
December 15, 2020Thornton Matheson
Campaigns, Proposals, and Reforms: TaxVox

Surprise: Biden and Trump Both Back A Modest Middle-Income Tax Cut

In one key respect, their plans appear surprisingly similar.
October 28, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

TPC Updates Its Analysis: Biden Would Raise Taxes by $2.1 Trillion, Nearly All On Business and High-Income Households

Democratic presidential candidate Joe Biden’s current campaign plan would raise taxes by $2.1 trillion over the next decade, about 0.9 percent of Gross Domestic Product.
October 15, 2020Howard Gleckman
: TaxVox

Fiscal 2019 Was A Strong Revenue Year For Most States But 2020 May Be Less Robust

State revenue growth was strong in fiscal year 2019 (July-June for 46 of the 50 states), but not as robust as in 2018. And temporary...
October 14, 2019Lucy Dadayan
Business Taxes: TaxVox

Using Taxes To Cap Executive Compensation Doesn’t Work

This week, Democratic presidential hopeful Bernie Sanders proposed raising the tax rates for large corporations where there are “exorbitant” pay gaps between top executives and...
October 3, 2019Howard Gleckman
: TaxVox

Did the Tax Cuts and Jobs Act Pay for Itself in 2018?

Were you surprised that the 2017 tax overhaul, commonly referred as the Tax Cuts and Jobs Act (TCJA), did not increase revenues in 2018? Probably...
March 13, 2019William G. GaleAaron Krupkin
State and Local Issues: TaxVox

State Revenue Picture in Post-TCJA Era: Joy, Sorrow, and Uncertainty

The Tax Policy Center’s State and Local Finance Initiative’s quarterly “ State Tax and Economic Review ” shows solid revenue growth in the third quarter...
March 12, 2019Lucy Dadayan
State and Local Issues: TaxVox

Robots or Jobs? The Federal Tax Law's Uncertain Impact On Communities

State and local leaders need to pay a lot of attention to how businesses take advantage of the tax cut’s capital-investment provisions.
In recent months, many states have adjusted their tax codes in response to the Tax Cuts and Jobs Act (TCJA), the sweeping package of federal...
September 20, 2018Donnie Charleston
: TaxVox

Distributional Effects of a Carbon Tax Depend on How the Revenue is Spent

Columbia University’s Center on Global Energy Policy just released a series of papers on how a carbon tax would reduce greenhouse gas emissions, affect economic...
July 19, 2018Eric Toder