Tax Policy Center

federal revenue

: TaxVox

How Much More Money Could The IRS Collect If Congress Gave Them More Money?

Would increasing the Internal Revenue Service’s funding for audits increase tax collections by more than the cost? Yes, if the funds are spent wisely.
September 28, 2020Janet Holtzblatt
Individual Taxes: TaxVox

A New Study Suggests Congress Could Raise Money By Increasing Capital Gains Tax Rates To 47 Percent. But There Is A Catch

Democratic presidential candidate Joe Biden has proposed raising tax rates on long-term capital gains income for the highest-income investors.
September 16, 2020Robert McClelland