Tax Policy Center

COVID-19

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
State and Local Issues: TaxVox
After nearly three months under a stay-at-home order, my daughter may have had it with my house rules. She sent me a TikTok video of...
June 3, 2020Renu Zaretsky
Individual Taxes: TaxVox
Congress can’t seem to end its love affair with tax deductions. For a brief period starting with then-House Ways & Means Committee Chair Dave Camp’s...
May 28, 2020Howard Gleckman
Individual Taxes: TaxVox
Remember when then-presidential hopefuls Bernie Sanders and Elizabeth Warren made wealth taxes key parts of their campaigns for the Democratic presidential nomination? That seems so...
May 28, 2020Janet Holtzblatt
State and Local Issues: TaxVox
The 50 states are diverse, but in the COVID-19 pandemic era, they share a key challenge: An economic and fiscal crisis of a size and...
May 27, 2020Richard C. Auxier
Individual Taxes: TaxVox
The Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES Act), passed by the House of Representatives, would temporarily expand the child tax credit (CTC)...
May 26, 2020Elaine Maag
Individual Taxes: TaxVox
The major individual income tax provisions in the House-passed Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act would cut taxes by an average of...
May 22, 2020Howard Gleckman
State and Local Issues: TaxVox
Congress is headed toward a fourth COVID-19 relief package – and arguably the first one directly addressing state and local governments’ pandemic-induced fiscal crisis ...
May 12, 2020Tracy Gordon
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