Tax Policy Center

inflation

Federal Budget and Economy: TaxVox
The federal government may once again have an opportunity to learn a painful lesson about the price of increasing debt and rising interest rates in...
May 26, 2022Howard Gleckman
Federal Budget and Economy: TaxVox
Note To Governors: Cutting Taxes May Make Inflation Worse Even as Republican governors blast President Biden and congressional Democrats for both causing inflation and failing...
March 15, 2022Howard Gleckman
State and Local Issues: TaxVox
Two years into the pandemic, states are flush with cash, a vastly different picture than the 20 percent revenue decline suffered by states in the...
February 8, 2022Lucy Dadayan
: TaxVox
The 2017 Tax Cuts and Jobs Act (TCJA) changed the way parts of the tax code are indexed for inflation. Instead of using the standard...
February 4, 2022Robert McClelland
Federal Budget and Economy: TaxVox
A key issue in the congressional debate over President Biden’s Build Back Better (BBB) plan is how it would affect the economy over the next...
November 17, 2021Benjamin R. Page
Federal Budget and Economy: TaxVox
As of this morning, yields on 10-year Treasury bonds stood at 1.33 percent. The yield on TIPS bonds–which are adjusted for inflation–was negative. These astonishingly...
September 23, 2021Alan J. AuerbachWilliam G. Gale
Federal Budget and Economy: TaxVox
The recent passing of former Federal Reserve Chair Paul Volcker serves as an important reminder of his critical role in ending stagflation in the late...
December 16, 2019C. Eugene Steuerle
Federal Budget and Economy: TaxVox
We now have a full year of data about the state of the US economy since President Trump signed the 2017 Tax Cuts and Jobs...
March 4, 2019Howard GleckmanAravind Boddupalli
: TaxVox
The Trump Administration reportedly is thinking about using its executive authority to redefine capital gains so only returns from the sale of assets in excess...
July 31, 2018Leonard E. Burman
Federal Budget and Economy: TaxVox
President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability...
February 14, 2018Howard Gleckman