Tax Policy Center

Medicare

Individual Taxes: TaxVox

The Elephant in The Room: The Gap Between Federal Retiree Benefits and Taxes Paid

President Trump was afraid to tackle the dominant set of spending and tax issues facing the federal government. Ditto, so far, for President Biden. Under...
May 5, 2022C. Eugene Steuerle
: TaxVox

Immigrant Parents Are Less Aware of Child Tax Credit Than US-Born Parents and More Likely to Plan to Use It to Invest in Education, Fill Gaps in Child Care and Health Care

Immigrant parents are less likely to have heard about the expanded child tax credit (CTC) than parents born in the United States, according to a...
October 7, 2021Elaine MaagLaura Brugger
Individual Taxes: TaxVox

How Much Will Future Retirees Receive in Lifetime Social Security and Medicare Benefits?

Typical millennial couples born in 1995 who retire in 2060 are scheduled to receive about $2.2 million in lifetime Social Security and Medicare benefits.
November 24, 2020C. Eugene SteuerleErald Kolasi
Federal Budget and Economy: TaxVox

Trump The Disrupter Takes Dead Aim At Social Security

Throughout the 3 ½ years of his presidency, Donald Trump has disrupted nearly every major institution of government, save one.
August 10, 2020Howard Gleckman
Individual Taxes: TaxVox

The IRS Delivered Economic Impact Payments In Record Time, So Why Haven’t Some Needy Families Gotten Their Money?

With Congress about to debate a second round of stimulus payments for tens of millions of people, it is important to review some lessons about...
July 23, 2020Janet Holtzblatt
: TaxVox

The COVID-19 Crisis Reveals The President’s Misplaced Budget Priorities

Presidential Budgets reveal much about the priorities of an administration. President Trump’s fiscal year 2021 budget, released in early 2020, proposes almost no additional resources...
June 9, 2020C. Eugene Steuerle
: TaxVox

TPC Launches A New Resource For Understanding Tax Expenditures

Would you be surprised to learn that in addition to the $1.3 trillion the federal government will spend on Medicare, Medicaid , and related health...
January 28, 2020Frank Sammartino
: TaxVox

The Tax Cuts And Jobs Act Reduced Tax Expenditures But By Much Less Than The 1986 Tax Reform Act

For years, tax reformers have advocated reducing marginal tax rates, broadening the tax base, and eliminating provisions that provide special benefits to select forms of...
December 10, 2019Eric Toder
Federal Budget and Economy: TaxVox

Why Government Budget Estimates Are Often Wrong

Government budget and tax analysts who estimate future federal revenues and spending are among the most talented people I know. They probably are a lot...
June 5, 2018C. Eugene Steuerle
: TaxVox

Who Will Pay for the Tax Cuts and Jobs Act?

The Tax Cuts and Jobs Act (TCJA) will cut taxes by almost $1.5 trillion over the next decade, largely benefiting corporations, pass-through businesses such as...
January 2, 2018William G. Gale