Tax Policy Center

Jason Furman

Federal Budget and Economy: TaxVox

Should We Worry About The Long-Term Federal Debt In An Era of Low Interest Rates?

For decades, conventional wisdom said that high levels of federal debt created a significant drag on the economy by diverting money that could more productively...
December 7, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Inequality Is A Big And Growing Issue, But A Wealth Tax May Not Be The Solution

Wealth inequality in the US is a big and growing problem. But what should we do about it?
January 23, 2020Howard Gleckman
Federal Budget and Economy: TaxVox

The Federal Deficit Is Headed For $1 Trillion. Should We Care?

In its annual budget update, the Congressional Budget Office projected yesterday that under current law the federal deficit is headed for $1 trillion by 2022...
January 29, 2019Howard Gleckman
: TaxVox

On Tiny Steps, King Edward, and Hidden Assets

Tax reform: Go big or go home, or at least, not very far. TPC’s Len Burman says that senators Marco Rubio’s and Mike Lee’s proposal to eliminate the tax on capital gains would do more harm than good. The senators argue that it’s a step toward a consumption tax. But Len thinks some small steps aren’
March 4, 2015Renu Zaretsky
Individual Taxes: TaxVox

Taxes: A Big Gun In The War on Poverty

When Lyndon Johnson declared his War on Poverty 50 years ago this month, he could not have imagined how many battles would be fought through...
January 16, 2014Howard Gleckman