Tax Policy Center

payroll tax

Federal Budget and Economy: TaxVox

Individual Income Taxes May Soon Generate Half of All Federal Tax Revenue

Over the next decade, the individual income tax will be the fastest growing source of federal revenue, according to new estimates by the Congressional Budget...
February 6, 2014Howard Gleckman
Individual Taxes: TaxVox

Eight in Ten U.S. Households Pay Social Security and Medicare Taxes

While relatively few low-income people pay federal income tax, a large and growing share owe Social Security and Medicare payroll taxes, according to new estimates...
September 12, 2013Howard Gleckman
Individual Taxes: TaxVox

IRS Recognizes Same-Sex Marriages, Regardless of Where Couples Live

Just two weeks ago, I discussed potential tax issues a same-sex married couple could face if they live in a state that doesn’t recognize their...
August 30, 2013Roberton C. Williams
Individual Taxes: TaxVox

An Opportunity to Really Fix Social Security

The White House has put out the word that President Obama’s budget will propose changing the way government adjusts benefits for Social Security and other...
April 9, 2013Howard Gleckman
Individual Taxes: TaxVox

How Much Will 2013’s Payroll Tax Hikes Cut Your Take-Home Pay?

2013 is a tough year if you owe payroll tax, as most of us do. Not only did the 2010 payroll tax cut die at...
April 5, 2013Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox

Payroll Tax Cuts May Boost the Economy More than You Think

Just as Congress allowed the 2011-12 payroll tax cut to expire, new research by the Federal Reserve Bank of New York suggests that such tax...
January 29, 2013Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

What Is Barack Obama’s Tax Plan?

After all the promises and finger-pointing, the presidential campaign is nearly over. But since the race has shed more heat than light on how each...
October 25, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

Will the 2010 Health Law Cut the Deficit or Add to It?

In a new study , Chuck Blahous, who is a public trustee for Medicare and Social Security, concludes that the 2010 health law will add...
April 10, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

Budget Gimmicks Are Alive and Well in the Payroll Tax Cut

The other day, I criticized the unwillingness of Congress to finance the latest extension of the payroll tax cut. Since that blog, the Congressional Budget...
February 21, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

Just How Big is the Payroll Tax Cut?

The 2-percentage-point payroll tax cut extended by Congress in December and again last week will save workers a total of $114 billion this year, according...
February 20, 2012Roberton C. Williams