Marco Rubio

Rubio-Lee Hints at Tax Reform's Troubling Direction

Republican Senators Marco Rubio and Mike Lee have introduced what should probably be thought of as the first major set of tax proposals in the 2016 Presidential election. While their proposals are unlikely to be enacted, they hint at the troubling direction that tax reform debates seem to be headed

March 11, 2015William G. Gale

Federal Budget and Economy: TaxVox

Watch What You Wish For: Dynamic Scoring Creates More Issues for the GOP

As TaxVox readers know by now , House Republicans now require the Joint Committee on Taxation and the Congressional Budget Office to include macroeconomic effects when they produce budget scores of major bills. The GOP hoped this would show that tax cuts would generate so much new economic activity

March 10, 2015Howard Gleckman

: TaxVox

If Wishes Were Taxes, Reformers Would Smile

Everything could come up roses for Rubio and Lee. At least one version of dynamic scoring—accounting for macroeconomic effects of a proposal—has produced some rather glowing estimates of senators Marco Rubio’s and Mike Lee’s tax plan. The Tax Foundation says the Rubio-Lee plan would increase tax

March 9, 2015Renu Zaretsky

: TaxVox

Expensive Plans, ACA Developments, and Exercises in Futility

The Rubio-Lee tax reform plan: Interesting, very expensive, and DOA. The GOP senators offer a framework for a huge tax cut that would add trillions to the debt over the next ten years while moving the revenue code towards a consumption tax. TPC did a preliminary analysis of an early version of the

March 5, 2015Renu Zaretsky

Campaigns, Proposals, and Reforms: TaxVox

The Rubio-Lee Tax Reform Plan Raises Important Issues But Would Add Trillions to the Debt

The newest entrants in the tax reform sweepstakes are senators Marco Rubio (R-FL) and Mike Lee (R-UT). Their plan is filled with a number of interesting and credible ideas but ducks many important questions. And, while it is not accompanied by a budget score, the elements that it specifies would

March 4, 2015Howard 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

Campaigns, Proposals, and Reforms: TaxVox

How Rubio’s Anti-Poverty Plan Could Help Improve Aid to Low-Income Workers

Senator Marco Rubio (R-FL) has offered the outlines of an ambitious plan that he says would end poverty. One creative piece: Replace the well-known and...

January 28, 2014Elaine Maag

Federal Budget and Economy: TaxVox

Tax-Free Olympic Boodle is Gold Medal Stupidity

President Obama and conservative GOP senator Marco Rubio (R-FL) agree: Olympic medals and the cash awards that go with them should be tax-exempt. This is...

August 7, 2012Howard Gleckman