offshore accounts

If Congress Wants the IRS To Collect More Tax from The Rich, It Needs to Pass Better Laws

Last week, a group of prominent academic and government economists published a study that estimated the top 1 percent of Americans hide more than 20...

April 5, 2021Steven M. Rosenthal

: TaxVox

Digging Deeper into the President’s “Middle Class Economics” Plan

An analysis lays a foundation for debate. The TPC has a new paper on the distributional effects of the President’s tax proposals . His tax cuts primarily benefit low-income single workers and families with children. Households with very high incomes and substantial capital assets would pay more. A

February 2, 2015Renu Zaretsky

: TaxVox

Tax Credits Help; Tax Cuts Need to Be Paid For

Tax credits are making health care under the Affordable Care Act… affordable. The US Department of Health and Human Services reports that tax subsidies have reduced the cost of the average federal health insurance exchange premium from $346 to $82. About 3.2 million people are paying less than $100

June 19, 2014Renu Zaretsky