Tax Policy Center

economic stimulus

Campaigns, Proposals, and Reforms: TaxVox

Treasury Pick Yellen Likes Carbon Taxes and More Pandemic Relief, But Not The TCJA

Janet Yellen, president-elect Joe Biden’s pick for Treasury Secretary, would come to the job with largely predictable views on tax policy for a mainstream, center-left economist.
November 24, 2020Howard Gleckman
Federal Budget and Economy: TaxVox

Congress Could Provide Much Needed Assistance By Approving A New Round Of Cash Stimulus Payments

Congress continues to struggle to reach agreement on a new round of economic relief for millions of people suffering from the effects of the coronavirus pandemic.
September 9, 2020Elaine Maag
Federal Budget and Economy: TaxVox

There Will Be No Showdown Over The Next COVID-19 Stimulus Bill. Pelosi Already Won.

Looking forward to the great partisan battle over the next COVID-19 relief bill? You may be disappointed. Nancy Pelosi already has won.
July 28, 2020Howard Gleckman
Individual Taxes: TaxVox

Congress Has Many Ways To Boost The Economy By Getting Cash Into People’s Pockets. Which One Is Best?

As Congress scrambles to pass another COVID-19 relief bill, it must decide how best to put money into the hands of people who are suffering...
July 24, 2020Howard Gleckman
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
Business Taxes: TaxVox

Should Congress Pump Money Into Businesses By Shifting The Timing Of Tax Benefits?

Should Congress manipulate the timing of business tax benefits to support firms in the midst of the COVID-19 economic slump? And if so, how?
June 19, 2020Howard Gleckman
Federal Budget and Economy: TaxVox

If Trump Curbs New COVID-19 Aid To State and Local Governments, He Will Help Defund The Police

President Trump has taken a strong position against calls by some on the political left to “defund” police departments. At the same time, he continues...
June 10, 2020Howard Gleckman
: TaxVox

COVID-19-Related Policies Can Better Boost the Economy By Targeting Less To Savers

Congress has responded to the COVID-19 pandemic-induced economic slowdown by putting hundreds of billions of dollars directly into people’s pockets. Much of this came from...
June 8, 2020C. Eugene Steuerle
Business Taxes: TaxVox

Congress May Soon Choose Between Wage Credits Or More Unemployment Benefits

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
Individual Taxes: TaxVox

Are We Headed For A New Era of Income Tax Deduction Creep?

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