Tax Policy Center

Elaine Maag

Business Taxes: TaxVox
The debate over a carbon tax is about two big things: The most obvious is whether a tax at politically acceptable levels could significantly slow...
January 24, 2019Howard Gleckman
Federal Budget and Economy: TaxVox
Are We Beginning An Historic Debate Over Work In The US? What should the federal government do to encourage people to work? Should it try...
April 27, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
It is only April and we have heard presidential candidates propose some of the biggest and most ambitious tax plans i n modern US history. Donald Trump is proposing the largest tax cut ever, and Ted Cruz is not far behind. Bernie Sanders has proposed the biggest tax increase since World War II. But
April 14, 2016Howard 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
Individual Taxes: TaxVox
Tax preparers play a critical role helping low income working families collect benefits from the Earned Income Tax Credit. Almost 60 percent of families claiming the EITC in 2010 and 2011 did so with the help of a paid preparer. Unfortunately, preparers can make costly mistakes—errors the taxpayer
November 2, 2015Elaine Maag
Individual Taxes: TaxVox
My husband and I started our family in 2005. We both worked full-time: He for a large multinational corporation, and I for a small nonprofit. My employer offered 12 weeks of unpaid family leave , even though it was too small to be covered under the Family and Medical Leave Act (FMLA). Our family
October 7, 2015Renu Zaretsky
Individual Taxes: TaxVox
Congress created two tax benefits to help offset work-related childcare expenses-- the Child and Dependent Care Tax Credit (CDCTC) and the employer-provided childcare exclusion. But recently released data from the Treasury show that neither helps many of those parents who struggle the most to pay
September 11, 2015Elaine Maag
: TaxVox
Redesign the EITC to help more low-income workers. TPC’s Elaine Maag thinks that’s the way to go. She explains in her new paper : “A worker credit based on individual earnings, and not contingent on having children at home, could provide substantial benefits to all low-income workers, ease
May 21, 2015Renu Zaretsky
Individual Taxes: TaxVox
The earned income tax credit (EITC) lifts millions of working families out of poverty, but provides little support to workers without children and some low-wage workers married to other low-wage workers. Congress could fix this flaw by scaling back the EITC and creating a new worker credit that is
May 20, 2015Elaine Maag
Individual Taxes: TaxVox
My dad taught a teenage me an important lesson when he helped me file my first federal income tax return. I earned the minimum wage at a part-time job, and didn’t have to file. But he explained that I should file, knowing my effort would be rewarded. “You don’t earn enough to owe income taxes,” he
May 6, 2015Renu Zaretsky