Tax Policy Center

JCT

Federal Budget and Economy: TaxVox
The House vote to require the Congressional Budget Office and the congressional Joint Committee on Taxation to include macroeconomic effects in some official budget scores is enormously controversial in the policy world and among economists. To help unpack this complex issue, Tax Vox has asked
February 19, 2015Howard Gleckman
Individual Taxes: TaxVox
Last night, the House Republican leadership proposed new rules that would require the Joint Committee on Taxation and the Congressional Budget Office to incorporate macroeconomic effects of “major” legislation into their official budget estimates. But there may be less to these new rules for so-
December 24, 2014Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
When House Ways & Means Chairman Dave Camp rolled out his tax reform last week, the Joint Committee on Taxation evaluated its macroeconomic impacts. Using...
March 4, 2014William G. GaleDonald Marron
Campaigns, Proposals, and Reforms: TaxVox
Unlike many previous Republican proposals to cut taxes, the Michigan congressman specifies how government would pay for them. This is critical, but it's not pretty...
February 28, 2014William G. Gale
Federal Budget and Economy: TaxVox
There is lots of buzz around Washington about whether a laundry list of expiring tax provisions could be the key to a modest budget agreement...
November 7, 2013Howard Gleckman
Individual Taxes: TaxVox
The Tax Policy Center has changed the way it calculates income . The new definition, which TPC calls “expanded cash income” or ECI, will raise...
July 25, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
Immigration policy poses an unusual challenge for the Congressional Budget Office and the Joint Committee on Taxation. If Congress allows more people into the United...
May 3, 2013Donald Marron
Individual Taxes: TaxVox
If income tax deductions are capped or limited—an idea that often comes up in the debate over both the fiscal cliff and long-run tax reform—the...
December 5, 2012Howard Gleckman
Individual Taxes: TaxVox
I’m preparing a presentation on our tax system for a group of visiting foreign tax officials and they wanted to know how responsibilities are divided...
May 16, 2011Leonard E. Burman