Tax Policy Center

Tax Cuts and Jobs Act

Federal Budget and Economy: TaxVox
Joe Manchin Pulled The Plug On Tax Increases. What Happens Next? Conservative Democrat Joe Manchin (D-WV) may have effectively sealed the fate of President Biden’s...
July 19, 2022Howard Gleckman
Federal Budget and Economy: TaxVox
When the Tax Cuts and Jobs Act (TCJA) was enacted, critics claimed that reducing the tax subsidy for mortgage interest would hurt home values ...
March 30, 2022Robert McClellandLivia Mucciolo
State and Local Issues: TaxVox
Virginia’s efforts to subsidize a stadium and mixed-use commercial development for Dan Snyder and his Washington Commanders NFL football team would be a foolish waste...
March 4, 2022Howard Gleckman
Individual Taxes: TaxVox
Often, tax policy debates can be settled by splitting the difference. You like a tax rate of 28 percent. I prefer 20 percent. Let’s settle...
January 28, 2022Howard Gleckman
Individual Taxes: TaxVox
A prediction: When Congress finally passes the Build Back Better bill, Hill leaders will quietly slip in at least one obscure, last-minute tax break to...
December 1, 2021Howard Gleckman
State and Local Issues: TaxVox
Ever since Congress capped the state and local tax (SALT) deduction in 2017, a small group of Blue State Democrats has demanded the cap’s repeal...
October 27, 2021Howard Gleckman
Individual Taxes: TaxVox
The COVID-19 pandemic and the policy response to it led to an extraordinary increase in the number of American households that owed no federal individual income tax in 2020. The Tax Policy Center estimates that last year more than 107 million households, or nearly 61 percent, owed no income tax or even received tax credits from the government.
August 18, 2021Howard Gleckman
Federal Budget and Economy: TaxVox
Those of us who have been writing about the federal budgets for too long remember the sad history of presidents trotting out wildly optimistic economic...
June 2, 2021Howard Gleckman
Federal Budget and Economy: TaxVox
It was fascinating to watch Treasury-secretary designate Janet Yellen and several Republican members of the Senate Finance Committee dance their delicate deficit dance at Yellen’s...
January 20, 2021Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
During each presidential election, the Tax Policy Center analyzes the tax policies of the two major candidates. This year, TPC estimated the effects of Democratic...
October 27, 2020Robert McClellandMark J. Mazur