Tax Policy Center

Doc fix

: TaxVox
Paul Ryan and Orrin Hatch want businesses to share ideas on tax treatment of “pass-throughs.” As owners of pass-through businesses such as partnerships and sole proprietorships, millions of business owners pay their firms’ income taxes through the individual code. Both the GOP and the White House
April 14, 2015Renu Zaretsky
: TaxVox
The “doc fix” passes the House. The House overwhelmingly approved the Medicare “ doc fix ” to replace automatic payment cuts (that Congress has delayed every year since 2003) with a temporary 0.5 percent annual hike in physician reimbursements. But the bipartisan deal, which CBO figures would add $
March 27, 2015Renu Zaretsky
Federal Budget and Economy: TaxVox
As you listen to House Democrats and Republicans sing kumbaya over their bipartisan agreement to fix the Medicare physician payment syste m, keep one thing in mind: The doc fix doesn’t fix much, and what it does repair likely will add hundreds of billions of dollars to the debt in coming years. The
March 26, 2015Howard Gleckman
: Daily Deduction
The GOP House passes its budget. It promises to balance the books within 10 years by cutting spending by $5.4 trillion. Cuts include $2 trillion from repeal of the Affordable Care Act, $1 trillion from Medicaid and the Children’s Health Insurance Program, and $1 trillion from other unspecified
March 26, 2015Renu Zaretsky
Federal Budget and Economy: TaxVox
After it returns from Spring Break next week, Congress may face two big fiscal reality checks. It will have to decide whether to temporarily extend...
March 20, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
The other day, I criticized the unwillingness of Congress to finance the latest extension of the payroll tax cut. Since that blog, the Congressional Budget...
February 21, 2012Howard Gleckman
Individual Taxes: TaxVox
The least popular Congress in memory is back. I, personally, am thrilled. After a year in which lawmakers did almost nothing besides (barely) keeping the...
January 17, 2012Howard Gleckman