Tax Policy Center

Ron Wyden

Individual Taxes: TaxVox
Market-to-market taxation of capital gains is not practical. Taxing unrealized gains at death is.
November 21, 2019Howard Gleckman
: TaxVox
Senate Democrats have rallied around the Working Families Tax Relief Act (WFTRA) that would significantly expand the Earned Income Tax Credit (EITC) and more modestly...
April 22, 2019Elaine Maag
: TaxVox
On July 18, four former assistant Treasury secretaries for tax policy testified before the Senate Finance Committee on the prospects and challenges of achieving tax...
July 19, 2017Mark J. Mazur
Campaigns, Proposals, and Reforms: TaxVox
Top Ways & Means Staffer Janice Mays Surveys The Future of Tax Reform Last week, Politico’ s Brian Faler did a great interview (paywall) with Janice Mays, the long-time Democratic staff director for the House Ways & Means Committee. Janice, who has just retired after a remarkable 40 years
May 31, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
Yesterday, top Senate Finance Committee Democrat Ron Wyden proposed major changes in the taxation of financial derivatives, contracts such as swaps, options, and forwards that derive their value from an underlying asset or index. The key to his proposal is a requirement that dealers annually mark-
May 19, 2016Steven M. Rosenthal
: TaxVox
About that possible government shutdown… The Senate passed a continuing resolution to fund the government through December 11. Senate Majority Leader Mitch McConnell and outgoing Speaker of the House John Boehner will meet with President Obama “soon” for budget negotiations , and the House is on
September 30, 2015Renu Zaretsky
Federal Budget and Economy: TaxVox
A group of 28 Senate Democrats has proposed a major new energy bill that includes what they call significant reforms in the dozens of tax breaks aimed at encouraging the production and use of clean energy. I’ll let real energy policy experts speak to the broader bill, but the tax provisions are
September 21, 2015Howard Gleckman
Federal Budget and Economy: TaxVox
After six months and two extensions, the Senate Finance Committee’s five tax reform working groups presented their reports today to panel chair Orrin Hatch (R-UT) and top Democrat Ron Wyden (D-OR). For the most part, they reached no consensus on either specific reforms or a broad design for overall
July 8, 2015Howard Gleckman
: TaxVox
Congress is in recess. The Daily Deduction will return to its regular schedule on Monday, July 6. Wyden promises tax changes in the wake of the Supreme Court’s decision on same-sex marriage. Following the Obergefell v. Hodges decision, senior Senate Finance Committee Democrat Ron Wyden said Friday
June 29, 2015Renu Zaretsky
Individual Taxes: TaxVox
The Senate Finance Committee has created five bipartisan working groups to develop ideas for comprehensive tax reform by the end of May. It is a good idea. But it is unlikely to accelerate the panel’s timetable for producing legislation. The task forces won't develop many new ideas. Let’s be honest
January 15, 2015Howard Gleckman