Tax Policy Center

Tax Cuts and Jobs Act

Campaigns, Proposals, and Reforms: TaxVox

The TaxVox Lump of Coal Award For The Worst Tax Idea of 2018

It’s time for Tax Vox to present its annual Lump of Coal Award for the worst tax idea of the year.
December 20, 2018Howard Gleckman
: TaxVox

The TCJA Eliminated Personal Exemptions. Why Are States Still Using Them?

A key provision of 2017 Tax Cuts and Jobs Act (TCJA) was the elimination of the personal exemption. The change has a major effect on...
December 17, 2018Richard C. Auxier
Individual Taxes: TaxVox

Who Is Middle Class Anyway?

Everyone, it seems, says they want to cut taxes for the middle class. President Trump promised such tax relief in the weeks before the election...
December 10, 2018Howard Gleckman
Federal Budget and Economy: TaxVox

Why Do House Democrats Want To Limit Their Ability To Raise Revenue?

House Democrats are developing new rules to govern their legislative deliberations when they take control of the House in January. One is awful.
November 30, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Did President Trump Just Throw Corporations, and Senate Republicans, Under the Bus?

In his press conference on Wednesday, President Trump raised more than a few eyebrows by saying he’d be willing to support “adjustments ” to the...
November 9, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

What The New Congress Will Mean For Tax And Budget Policy

The 116 th Congress is going to look very different from the 115 th . But don’t expect tax and budget policy to change much...
November 7, 2018Howard Gleckman
Federal Budget and Economy: TaxVox

What the Latest Economic Numbers Tell Us About The Effects Of The TCJA

TaxVox is continuing to track a set of economic indicators to see whether the Tax Cuts and Jobs Act has, in President Trump’s words, created...
November 2, 2018Howard GleckmanAravind Boddupalli
Individual Taxes: TaxVox

Will The TCJA Upend The Non-Profit World?

The Tax Cuts and Jobs Act (TCJA) significantly changed the nature of the tax deduction for charitable donations. But will it transform giving itself and...
October 22, 2018Howard Gleckman
Federal Budget and Economy: TaxVox

The Price Of Tax Cuts And Spending Hikes

The Treasury Department reported this week that the federal budget deficit for fiscal year 2018 increased by $113 billion, or 17 percent from 2017, resulting...
October 17, 2018Howard Gleckman
Individual Taxes: TaxVox

The TCJA Shifted The Benefits Of Tax Expenditures to Higher-Income Households

Until the Tax Cuts and Jobs Act (TCJA), people across the income distribution could say they benefited from the tax code’s many targeted tax benefits...
October 16, 2018Howard Gleckman