Tax Policy Center

income taxes

: TaxVox
As I finished my federal income tax return for 2018, I could not help but think about a return I filed 30 years ago. What...
April 23, 2019Mark J. Mazur
Individual Taxes: TaxVox
As April 15 approaches, it is fashionable to complain about how complicated the tax system is. And it is. But it’s time to recognize that,...
April 12, 2019William G. Gale
: TaxVox
Were you surprised that the 2017 tax overhaul, commonly referred as the Tax Cuts and Jobs Act (TCJA), did not increase revenues in 2018? Probably...
March 13, 2019William G. GaleAaron Krupkin
Campaigns, Proposals, and Reforms: TaxVox
Yesterday, the New York Times reported Donald Trump may have paid no federal income tax for nearly two decades. Leaked excerpts of Trump’s 1995 tax returns showed huge losses that the real estate mogul could have used to offset other income and zero out his income tax liability for many years.
October 3, 2016Steven M. Rosenthal
: TaxVox
Congress in recess. The Daily Deduction will return to its regular schedule on Monday, October 19. “Hey, hey Paul…” House Ways & Means Chair Paul Ryan remains under the glaring spotlight of a party that wants him to be the next Speaker of the House. Representative Tom Cole of Oklahoma believes
October 12, 2015Renu Zaretsky
Individual Taxes: TaxVox
This post originally appeared on Up Front , the Brookings Institution's blog. There is, for good reason, a lot of focus these days on the widening gap between the top and the bottom in the U.S. economy. Since it’s (almost) Tax Day, that April 15 deadline for filing tax returns, it’s a good time to
April 10, 2015David Wessel
: TaxVox
Congress is in recess and the Daily Deduction will post Mondays until it reconvenes. We’ll be back to our regular schedule on April 13. Taxpayers: How are IRS budget cuts affecting you? You can find out on Wednesday from IRS Commissioner John Koskinen at a TPC event at the Brookings Institution .
April 6, 2015Renu Zaretsky