economic stimulus

Pandemic Bill Would Cut Taxes by An Average of $3,000, With Most Relief Going to Low- And Middle-Income Households

Pandemic bill would Cct taxes by an average of $3,000, with most relief going to low- and middle-income households, according to a new TPC analysis...

March 8, 2021Howard Gleckman

Federal Budget and Economy: TaxVox

Congress Could Make COVID-19 Relief Payments Fairer, Less Costly, and More Stimulative

Republicans and some leading economists have raised concerns about the cost, fairness, and stimulative effects of proposed cash payments in the pandemic relief legislation Congress...

February 11, 2021James R. Nunns

Individual Taxes: TaxVox

How Biden Can Expand And Better Target the Child Tax Credit

In a recent blog , I looked at two ways Congress could refocus those $1,400 per person relief payments on those who need it most...

February 2, 2021Howard Gleckman

Federal Budget and Economy: TaxVox

Another Way to Target Pandemic Relief Payments: Help Those Who Were Financially Hurt the Most In 2020

Some Senate Republicans say they want to scale back President Biden’s proposed $1,400 relief payments. Last week, my Tax Policy Center colleague Howard Gleckman proposed...

February 1, 2021James R. Nunns

Federal Budget and Economy: TaxVox

The Delicate Deficit Dance That May Define Biden’s Presidency

It was fascinating to watch Treasury-secretary designate Janet Yellen and several Republican members of the Senate Finance Committee dance their delicate deficit dance at Yellen’s...

January 20, 2021Howard Gleckman

: TaxVox

Biden's Huge Pandemic Relief Plan Would Cut Taxes for Low- and Moderate-Income Households

President-elect Joe Biden proposed a new $1.9 trillion pandemic relief plan last night that would substantially cut taxes for low- and moderate-income households, especially those...

January 15, 2021Howard Gleckman

Federal Budget and Economy: TaxVox

Why Are Dependents Over Age 16 Still Ineligible for Economic Impact Payments?

Over 20 million people—dependents who are college students, adults with disabilities, or elderly parents cared for by their adult children—were missed when calculating economic impact payments not once, but twice. Why?

January 6, 2021Renu Zaretsky

Federal Budget and Economy: TaxVox

Would Stimulus Payments Have Been Bigger If Trump And Democrats Called Them Tax Relief?

One of the very oddest things about the bizarre debate over whether to increase the latest round of direct government payments from $600 per person...

January 5, 2021Howard Gleckman

Federal Budget and Economy: TaxVox

The Pandemic Relief Bill’s Good, Bad, and Ugly Tax Provisions

The pandemic relief bill Congress is about to pass is loaded with tax provisions. Some deliver important assistance to households and businesses damaged by...

December 21, 2020Howard Gleckman

Federal Budget and Economy: TaxVox

Congress Should Include More Unemployment Benefits And Another Stimulus Payment In A New Relief Bill

Should a new relief bill reprise last March’s $1,200 payments or create a new round of extended unemployment benefits?

December 16, 2020Howard Gleckman