Tax Policy Center

CTC

: TaxVox
House Ways & Means Committee Chair Kevin Brady (R-TX) and other top House Republicans are exploring some ideas for a proposed tax reform 2.0 ,...
August 6, 2018Elaine Maag
State and Local Issues: TaxVox
When Congress passed the Tax Cuts and Jobs Act (TCJA) in December, it forced states to confront major tax policy issues of their own ,...
April 23, 2018Richard C. Auxier
Individual Taxes: TaxVox
The Tax Cuts and Jobs Act made many changes to the individual income tax. In particular, the child tax credit (CTC) was increased to provide...
April 19, 2018Elaine Maag
: TaxVox
Idaho Gov. Butch Otter signed a $100 million tax cut last Monday. The bill would reduce Idaho’s individual and corporate income tax rates and lower...
March 21, 2018Richard C. Auxier
: TaxVox
As Tax Policy Center analyses have shown , the Tax Cuts and Jobs Act (TCJA) treats people of similar incomes in very different ways, depending...
January 22, 2018John IselinPhilip Stallworth
Campaigns, Proposals, and Reforms: TaxVox
At first glance, the Senate version of the Tax Cuts and Jobs Act (TCJA), looks friendlier to families with children than the House plan. Rather...
December 13, 2017Elaine Maag
Individual Taxes: TaxVox
Why do we make it so hard for immigrants to pay their federal income taxes? Why do we throw so many roadblocks between them and...
October 12, 2017Howard Gleckman
Individual Taxes: TaxVox
Congress could significantly help low-income families with children by making current eligibility rules for the Child Tax Credit (CTC) permanent. If lawmakers allow the current threshold to expire as scheduled after 2017, families with children in the lowest income quintile will lose almost $700.
December 9, 2015Elaine Maag
Federal Budget and Economy: TaxVox
For years, Congress has struggled with what to do with scores of temporary tax breaks that have come to be known as the “tax extenders .” The usual resolution: Lawmakers fiddle for months. Then, sometime in December, they mindlessly continue the immortal mostly-business tax breaks for another year
November 30, 2015Howard Gleckman
Federal Budget and Economy: TaxVox
Last night’s GOP presidential debates ( here’s a transcript of the main event) highlighted some important tax policy contrasts among the candidates. One thought refundable credits are conservative economic policy while another did not. Nearly all would preserve deductions for mortgage interest and
November 11, 2015Howard Gleckman