Tax Policy Center

COVID-19 economy

Federal Budget and Economy: TaxVox

Congress Has No Clear Roadmap For Its Next COVID-19 Response

When Congress returns from its summer break on July 20, its primary job (really, its only job) is to respond to the COVID-19 pandemic. Congress...
July 8, 2020Howard Gleckman
: TaxVox

The COVID-19 Crisis Reveals The President’s Misplaced Budget Priorities

Presidential Budgets reveal much about the priorities of an administration. President Trump’s fiscal year 2021 budget, released in early 2020, proposes almost no additional resources...
June 9, 2020C. Eugene Steuerle
Individual Taxes: TaxVox

Should Wealth Taxes Pay For Coronavirus Relief And Recovery?

I look forward to the day when the economy is strong enough that we can worry about the gigantic debt left behind by federal relief and recovery efforts.
May 28, 2020Janet Holtzblatt
State and Local Issues: TaxVox

No State is Immune From COVID-19’s Economic And Fiscal Fallout

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

Expanding The Child Tax Credit: Full Refundability And Larger Credit

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
State and Local Issues: TaxVox

Three Ways Congress Should Design COVID-19 Relief for State and Local Governments

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