Tax Policy Center

property taxes

State and Local Issues: TaxVox
If you are a regular reader the Tax Policy Center’s morning news summary, the Daily Deduction , you’ve probably noticed a fascinating trend: The rise...
June 14, 2018Howard Gleckman
: TaxVox
By roughly doubling the standard deduction and limiting the deduction from federal taxable income of state and local taxes (SALT), the Tax Cut and Jobs...
May 9, 2018C. Eugene Steuerle
: TaxVox
On Election Day, 54 percent of Pennsylvania voters backed a convoluted ballot initiative aimed at ending homeowner’s property taxes. Sounds great, right? Well, unfortunately for...
November 17, 2017Richard C. Auxier
Individual Taxes: TaxVox
We moved last year—from Florida, a state with relatively poor public schools, to a strong school district in Michigan. Our property taxes are higher than the national and even county average, but like many families with school-age children, we are willing (and able) to pay them. We support our
June 3, 2015Renu Zaretsky
: Daily Deduction
Will cuts to a state’s top income tax rate boost growth? Not necessarily. In a new TPC paper , Bill Gale, Aaron Krupkin, and Kim Rueben find little evidence linking state-level economic growth and taxes, especially income tax policy. Neither tax revenues nor top income tax rates have a steady
May 4, 2015Renu Zaretsky
: TaxVox
House GOP on the President’s tax proposals: “Meh.” House Ways and Means Chair Paul Ryan told Treasury Secretary Jack Lew yesterday that “You have gradually, grudgingly taken a few steps in my opinion in the right direction… It’s progress… Not a lot. But we’ll take it.” Ryan and his colleagues
February 4, 2015Renu Zaretsky
: TaxVox
Congress is in recess. The Daily Deduction will return to its regular schedule on Monday, September 8. Until then: We’ll see you every Monday morning. Walgreen might be the only one who’s tired of talking about inversions. The Illinois-based drugstore chain plans to keep its tax base in the US
August 11, 2014Renu Zaretsky