Tax Policy Center

Tax Cuts and Jobs Act

Federal Budget and Economy: TaxVox

The Post-TCJA Economy: Good News Mixed With Some Important Warning Signs

Tax Vox is continuing to track a set of economic indicators to see whether the Tax Cuts and Jobs Act has, in President Trump’s words,...
July 31, 2018Howard GleckmanAravind Boddupalli
Federal Budget and Economy: TaxVox

Congress and President Trump Are Spending Money and Cutting Taxes Like There Is No Tomorrow

What is the difference between Chicago mayoral candidate Willie Wilson, and President Trump and Congress? Wilson, you may recall, spent last Sunday handing out an estimated...
July 26, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

House GOP Cuts Taxes For Pass-Through Businesses, Then Worries About A Shift To Self-Employment

For the second time in a week, House Republicans are pushing policy changes that seem to conflict with key elements of last year’s Tax Cuts...
July 24, 2018Howard Gleckman
State and Local Issues: TaxVox

The SALT Wars Move To Court

Four blue states filed a lawsuit yesterda y, claiming that the Tax Cuts and Jobs Act’s limitation on the state and local tax (SALT) deduction...
July 17, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

What Should Republicans Include In Their Second Tax Bill?

The Trump Administration and some congressional Republicans, including Ways & Means Committee Chair Kevin Brady (R-TX), are promising Tax Bill 2.0 later this year—perhaps in...
June 7, 2018Howard Gleckman
Business Taxes: TaxVox

Are Peruvian Chickens Cash?

The Tax Cuts and Jobs Act (TCJA) is plagued by a recurrent problem: Many parts of the law tax similar income or assets at different...
June 5, 2018Howard Gleckman
Federal Budget and Economy: TaxVox

Trump’s Trade and Immigration Policies Could Wipe Out Any Benefits Of The TCJA

President Trump and his allies in Congress promised that the Tax Cuts and Jobs Act (TCJA) would supercharge the US economy, leading to permanent annual...
June 1, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

The Nation’s Partisan Divide Is Infecting Tax Policy

“Don’t tax me, don’t tax thee, tax that fella behind the tree.” This bit of doggerel, attributed to the late Senate Finance Committee Chairman Russell...
May 30, 2018Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Has Uncertainty Undercut the TCJA’s Promised Investment Benefits?

While the Tax Cuts and Jobs Act significantly cuts taxes for US corporations, it may have created so much uncertainty that the promised benefits of...
May 23, 2018Howard Gleckman
Federal Budget and Economy: TaxVox

Has The TCJA Supercharged The Economy? The Data Don’t Show It.

President Trump often says the Tax Cuts and Jobs Act has provided “rocket fuel” that will supercharge the US economy. He may, eventually, be right...
May 2, 2018Howard Gleckman