Tax Policy Center

mortgage deduction

Individual Taxes: TaxVox

How Asset Building Tax Subsidies Miss Their Targets

Nearly one-third of all federal tax expenditures--$384 billion in 2013 alone-- is aimed at various forms of asset building, such as retirement savings, higher education, and home ownership. Yet, according to research by several of my Tax Policy Center and Urban Institute colleagues, these tax
October 7, 2014Howard Gleckman
Federal Budget and Economy: TaxVox

Congress Shouldn’t Forget About Tax Entitlements In Its Search for Deficit Reduction

Yesterday, Washington Post columnist Bob Samuelson urged lawmakers to “just eliminate…the whole notion of entitlements.” His provocative argument: The very word "entitlement" makes people believe...
October 22, 2013Howard Gleckman
Individual Taxes: TaxVox

Mission Impossible: Cutting the Corporate Tax Rate to 25 Percent

It has been an article of faith among most congressional Republicans and many Democrats that the corporate tax rate should be cut from today’s top...
November 2, 2011Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Perry’s Free Lunch Flat Tax

There is lots we still don’t know about GOP presidential hopeful Rick Perry’s tax and budget plan . But I am pretty sure of one...
October 25, 2011Howard Gleckman
Federal Budget and Economy: TaxVox

How Congress Can Cap Tax Breaks

Sooner or later, Congress will realize it needs new revenues to help balance the budget, and trimming tax subsidies is the way to get them...
August 11, 2011Howard Gleckman
Individual Taxes: TaxVox

Fannie, Freddie, and the Mortgage Interest Deduction

Tomorrow, the White House will release its ideas for overhauling mortgage giants Fannie Mae and Freddie Mac. While there is little agreement in Washington over...
February 10, 2011Howard Gleckman