Tax Policy Center

income inequality

: TaxVox
Congress is in recess through the mid-term elections. Read the Daily Deduction each Monday until then. “ California, here I come !” It’s official: Democratic Governor Jerry Brown signed into law a $330 million annual incentive program for film and television production. Feature films with budgets
September 22, 2014Renu Zaretsky
: TaxVox
Income inequality may shrink state tax revenues. A new report from Standard & Poor’s tells the tale. Incomes have grown rapidly among the wealthy, but have barely kept pace with inflation for many others. But high income earners both shelter their income from taxes and save more, reducing state
September 16, 2014Renu Zaretsky
: TaxVox
Have Obama’s tax policies reduced income inequality? TPC has some new data, but the answer depends on who you compare him to. Relative to George W. Bush, who pushed major tax cuts for high-income households, Obama has reduced inequality. But compared to Bill Clinton, his policy is pretty standard
July 24, 2014Renu Zaretsky
Individual Taxes: TaxVox
Effective tax rates have been rising since 2009 and will continue to rise for a few more years before they flatten out, according to Tax...
December 12, 2013Roberton C. Williams
Individual Taxes: TaxVox
Just as President Obama was decrying our nation’s rising income inequality , the Congressional Budget Office provided him with some new ammunition. CBO’s latest report...
December 9, 2013Roberton C. Williams