Tax Policy Center

tariffs

Campaigns, Proposals, and Reforms: TaxVox

Five Questions About Trump’s Made-in-America Corporate Tax Rate

Republican presidential nominee Donald Trump recently proposed cutting the current 21 percent corporate tax rate to 15 percent for companies that do not outsource, offshore, or replace American workers. The Trump campaign has not yet indicated how this rate would be structured or enforced, but, drawing on past experience and research evidence, TPC staff below suggest some issues to consider.
September 9, 2024Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox

Trump And Harris Efforts To Fight Inflation Are Unlikely To Succeed

GOP presidential candidate Donald Trump is making inflation-fighting a key policy plank in his campaign. The problem: Many of his specific policy prescriptions would make...
August 27, 2024Howard Gleckman
Business Taxes: TaxVox

TPC: Trump Tariffs Would Raise Household Taxes And Slow Imports

A worldwide 10 percent tariff and a 60 percent tariff on Chinese goods proposed by Republican presidential candidate Donald Trump would lower average after-tax incomes...
August 15, 2024Howard Gleckman
Business Taxes: TaxVox

Biden’s Tariffs Conflict With His Environmental Goals

Slowing climate change has been a signature issue for President Biden. But Biden also has been an ardent booster of American manufacturing. Recently, he imposed...
May 22, 2024Howard Gleckman
Business Taxes: TaxVox

What Trump’s 100 Percent Auto Tariff Would Mean For The US Economy

In a March 17 campaign speech, former president Trump vowe d “We're going to put a 100 percent tariff on every single car that comes...
March 28, 2024Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Conservatives Lay Out Their Second Term Trump Tax Policy

A policy agenda developed by influential conservative groups for a second Donald Trump presidential term already has received attention for its controversial immigration recommendations ...
February 29, 2024Howard Gleckman
Business Taxes: TaxVox

O Canada! What Might Its Digital Services Tax Mean For Us?

Last month, my husband ran the Detroit Free Press Marathon. During the race , runners left Detroit and crossed the Ambassador Bridge into Windsor in...
November 3, 2023Renu Zaretsky
Business Taxes: TaxVox

Does the “Chicken Tax” encourage people to purchase larger trucks?

The “Chicken Tax” is a 25 percent tariff on imported light-trucks that was first imposed in 1964, in response to tariffs levied by some European...
May 31, 2023Robert McClelland
Federal Budget and Economy: TaxVox

What Trillion Dollar Deficits In An Era of Full Employment Look Like

There are ugly charts, and then there is this, courtesy of the folks at the Committee for a Responsible Federal Budget. Over the past half-decade,...
January 7, 2020Howard Gleckman
Individual Taxes: TaxVox

TaxVox’s Lump Of Coal Award For The Ten Worst Tax Policy Ideas of 2019

TaxVox’s Lump Of Coal Award For The Ten Worst Tax Policy Ideas of 2019 It is that time again. TaxVox somehow has whittled down its...
December 23, 2019Howard Gleckman