Tax Policy Center

Kansas

: TaxVox
As the House and Senate rush to complete a tax bill that will do little to improve the economy, it is worth looking at another...
November 29, 2017William G. Gale
State and Local Issues: TaxVox
The tax cut that Kansas Governor Sam Brownback hailed in 2012 as “a shot of adrenaline into the heart of the Kansas economy” has been...
June 14, 2017William G. Gale
State and Local Issues: TaxVox
Just as President Trump is ramping up his push for a major tax cut that he believes will pay for itself through faster economic growth,...
June 7, 2017Howard Gleckman
: Daily Deduction
On the Hill. Today the Senate Finance Committee will consider a bill to prevent identity theft and tax refund fraud, and the House Ways & Means Committee will mark up trade legislation . Yesterday the Senate voted to reauthorize the Federal Aviation Administration, and included the passenger
April 20, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox
Donald Trump says he’d eliminate the tax break on carried interest. What he doesn’t say is he’d give the investment managers who now benefit from that scheme an even bigger tax cut than they get today. And, it turns out, Trump’s new tax regime would not only benefit hedge fund managers, but also
October 1, 2015Howard Gleckman
State and Local Issues: TaxVox
State policymakers are increasingly using “triggers” to pass big tax cuts while ducking tough decisions on how to pay for them. They are bad tax policy. Naturally, they are incredibly popular. Here’s how a tax trigger works: A state cuts taxes over a period of years. There may be an initial tax cut
September 24, 2015Norton Francis
: TaxVox
Highway funding: Will the House GOP play the long game? Ways & Means Chair Paul Ryan wants to pair international tax changes with six-year funding for highways, and he wants it done this year . To buy time to flesh out his plan to use revenue from a one-time tax on foreign profits of US
July 13, 2015Renu Zaretsky
: Daily Deduction
Did Jeb Bush promise his own tax reform? Kinda. With many other GOP presidential hopefuls vowing bold tax reform, observers were wondering whether the former Florida governor would follow suit in yesterday’s announcement speech. He didn’t. Instead, he merely pledged to “think big,” and promised “a
June 16, 2015Renu Zaretsky
State and Local Issues: TaxVox
Kansas is grappling with a self-inflicted budget crisis . In 2012 and 2013, the state decided to experiment with major income tax cuts and an exemption of most small business and partnership income aimed at boosting the economy. The experiment is not going well to say the least. Now, faced with a
June 12, 2015Norton Francis
: TaxVox
WWND: Louisiana lawmakers ask Grover Norquist to weigh in on Governor Bobby Jindal’s tax plan. Eleven members of the state’s House sent a letter to the head of Americans for Tax Reform. They call the SAVE tax credit —Jindal’s proposed tax credit for a non-existent student fee—a precedent that would
June 9, 2015Renu Zaretsky