saving

Tax Expenditures for Asset-Building: Costly, Regressive, and Ineffective

Most federal subsidies aimed at helping households accumulate financial and tangible assets are delivered through tax expenditures—spending through the tax code. In 2013, these deductions, deferrals, and credits aimed at encouraging such asset building totaled over $350 billion, most devoted to

April 9, 2014Benjamin H. Harris

Federal Budget and Economy: TaxVox

The President’s Plan to Cap Retirement Saving Benefits

The president’s FY 2014 Budget would limit tax benefits for workers with high-balance retirement saving accounts. Although critics call the plan a blow to workers’...

April 12, 2013Benjamin H. Harris

Individual Taxes: TaxVox

Automatic Retirement Saving Inches Forward

Automatic enrollment is slowly gaining steam as the choice strategy to encourage retirement saving. A bold plan in California would eventually make the practice widespread...

March 22, 2013Benjamin H. Harris