Tax Policy Center

payroll tax

Federal Budget and Economy: TaxVox

Macroeconomic Policy In The Time Of COVID-19

COVID-19 poses a severe threat not only to public health but also to the overall U.S. economy. The Nation’s policy response should focus on three...
March 17, 2020Donald Marron
: TaxVox

What Do The Sanders-Biden Fights Over Protecting Social Security Mean?

Social Security is back in the headlines. Democratic presidential hopeful Bernie Sanders attacked his rival for the nomination, former Vice-President Joe Biden , for his...
February 14, 2020C. Eugene Steuerle
Individual Taxes: TaxVox

Where Can Warren Get $32 Trillion To Pay For Her Government Health Plan?

Democratic presidential hopeful Elizabeth Warren says she’ll disclose her plan to pay for universal, public health care within the “next few weeks.” But finding the money won't be easy.
October 25, 2019Howard Gleckman
: TaxVox

Did the Tax Cuts and Jobs Act Pay for Itself in 2018?

Were you surprised that the 2017 tax overhaul, commonly referred as the Tax Cuts and Jobs Act (TCJA), did not increase revenues in 2018? Probably...
March 13, 2019William G. GaleAaron Krupkin
: TaxVox

How New York State Responded to The SALT Deduction Limit

While other states are considering workarounds to the Tax Cut and Jobs Act’s (TCJA) $10,000 annual limit on the federal deduction for state and local...
May 14, 2018Frank Sammartino
Campaigns, Proposals, and Reforms: TaxVox

Did Donald Trump take advantage of the Gingrich-Edwards payroll tax loophole?

New information surfaced today that suggests that Donald Trump may not only have used aggressive tax planning to reduce his income tax bill to zero,...
October 7, 2016Steven M. Rosenthal
Individual Taxes: TaxVox

Most Americans Pay More Payroll Tax Than Income Tax

Americans agonize each spring over their annual federal income tax returns. In terms of how much tax they pay, however, they should worry more about...
September 6, 2016Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox

Swapping The Employer Share of The Payroll Tax For a Consumption Tax

Would you be willing to swap a new, broad-based consumption tax for your employer’s share of the Social Security and Medicare payroll tax? According to...
July 6, 2016Howard Gleckman
Individual Taxes: TaxVox

Busting Political Myths About Federal Taxes

A new Congressional Budget Office report does a nice job of busting some of the most persistent tax myths of both the political left and...
June 9, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Bernie Sanders Is Proposing Really Big Tax Increases

It is hard to grasp the enormity of the tax increases Bernie Sanders is proposing , how far out-of-step he is with recent economic history in the U.S., and what a stunning contrast he presents with Republican presidential hopefuls. Where Sanders backs tax increases of more than $1 trillion a year
January 18, 2016Howard Gleckman