Tax Policy Center

IRA

: TaxVox
Mega-IRAs are hot this summer, following a June 2021 report by the nonprofit news service ProPublica that revealed—based on leaked IRS files—that a handful of...
August 13, 2021Steven M. Rosenthal
Individual Taxes: TaxVox
The ongoing flap over tax refunds has once again highlighted a serious issue: Americans use tax withholding from their paychecks as a major savings tool...
February 22, 2019Howard Gleckman
Individual Taxes: TaxVox
Top aides to President Donald Trump argue that tax relief for the accumulated foreign earnings of US-based multinational corporations would be a boon for US...
September 25, 2017Steven M. Rosenthal
Individual Taxes: TaxVox
Why would sensible people buy lottery tickets, where their chances of coming away with big bucks are vanishingly small, but be so reluctant to contribute to retirement savings?
September 6, 2017Renu Zaretsky
State and Local Issues: TaxVox
Starting as soon as it can be made operational, perhaps in 2018 , as many as 7 million private-sector California workers who currently have no...
December 2, 2016C. Eugene SteuerlePamela Perun
Individual Taxes: TaxVox
Let’s face it. Economists just see the world differently than everybody else. Take, for example, the question of whether Individual Retirement Accounts are tax-free or...
June 15, 2016Lydia Austin
: TaxVox
Sanders won’t raise the top rate to 90 percent. In their Saturday night debate, Democrats spent much of their time talking about foreign policy, terrorism, and Wall Street. But there were a few tax-related sound bites. Perhaps the most interesting: Bernie Sanders said he would not raise the top
November 16, 2015Renu Zaretsky
Individual Taxes: TaxVox
Twenty years ago, I turned 25 and earned my first raise. My older sister gave me some great advice: “When you get a raise always...
November 4, 2015Renu Zaretsky
: TaxVox
No more tax havens abroad? The Organization for Economic Cooperation and Development released its plan to limit corporate tax avoidance . All 34 OECD members plus 10 other countries including China and Russia have approved the proposals, though each nation must still implement them. The
September 17, 2014Renu Zaretsky
: TaxVox
Congress is in recess. The Daily Deduction will return to its regular schedule on Monday, September 8. Until then: We’ll see you every Monday morning. Abroad and online: One country brings a knife to a gunfight. Spain has passed a new law : Websites that link to Spanish newspaper association
August 4, 2014Renu Zaretsky