Tax Policy Center

Efficiency

Individual Taxes: TaxVox
In recent years, there has been a resurgence of interest in an old idea—a financial transaction tax, or FTT. In a new paper , The Tax Policy Center has taken an in-depth look at the pros and cons of the levy. We’ve found that even a modest tax would raise a lot of money, and that it would be quite
June 30, 2015Leonard E. Burman
Individual Taxes: TaxVox
The President plans to announce in Tuesday’s State of the Union Address new proposals that would raise taxes on capital gains for the wealthiest Americans. The proposal would raise the top tax rate on long-term gains and qualifying dividends to 28-percent (including the Affordable Care Act’s 3.8
January 18, 2015Leonard E. Burman