tax day

Busting Myths for Tax Day

Since Tax Day is tomorrow, it seems like a good time to bust a few myths about taxes. Here are five of the biggest misperceptions about the federal revenue code. Most of the info comes from two sources: the Tax Policy Center’s Tax Topics (a trove of great information about who pays what) and the

April 14, 2015Howard Gleckman

: TaxVox

Tax Ideas, A “Fix,” Limits and Honors

Paul Ryan and Orrin Hatch want businesses to share ideas on tax treatment of “pass-throughs.” As owners of pass-through businesses such as partnerships and sole proprietorships, millions of business owners pay their firms’ income taxes through the individual code. Both the GOP and the White House

April 14, 2015Renu Zaretsky

Individual Taxes: TaxVox

How much does the tax code reduce inequality?

This post originally appeared on Up Front , the Brookings Institution's blog. There is, for good reason, a lot of focus these days on the widening gap between the top and the bottom in the U.S. economy. Since it’s (almost) Tax Day, that April 15 deadline for filing tax returns, it’s a good time to

April 10, 2015David Wessel