Tax Policy Center

tax expenditures

Individual Taxes: TaxVox

Are We Headed For A New Era of Income Tax Deduction Creep?

Congress can’t seem to end its love affair with tax deductions. For a brief period starting with then-House Ways & Means Committee Chair Dave Camp’s...
May 28, 2020Howard Gleckman
Business Taxes: TaxVox

Restoring The Three Martini Lunch Tax Deduction Won’t Feed The COVID-19 Economy

One of President Trump’s demands for the next COVID-19 relief bill is restoration of the tax deduction for business meals and entertainment expenses. Since the...
May 7, 2020Howard Gleckman
: TaxVox

TPC Launches A New Resource For Understanding Tax Expenditures

Would you be surprised to learn that in addition to the $1.3 trillion the federal government will spend on Medicare, Medicaid , and related health...
January 28, 2020Frank Sammartino
State and Local Issues: TaxVox

States Adopt Some Federal Tax Expenditures And Add Others

In fiscal year 2020, Georgia will spend nearly $500 million in film and television tax credits in return for the promise of new jobs and...
January 24, 2020Aravind BoddupalliFrank SammartinoEric Toder
: TaxVox

The Tax Cuts And Jobs Act Reduced Tax Expenditures But By Much Less Than The 1986 Tax Reform Act

For years, tax reformers have advocated reducing marginal tax rates, broadening the tax base, and eliminating provisions that provide special benefits to select forms of...
December 10, 2019Eric Toder
State and Local Issues: TaxVox

Your Guide to States and Localities: The Governments That Are Still Open

Whenever the federal government goes completely nuts , it can be comforting to remember the United States is a highly decentralized country . Fifty states...
January 25, 2019Tracy Gordon
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
Campaigns, Proposals, and Reforms: TaxVox

What Happened To The Base-Broadeners In Congress’s Tax Cut Bill?

Want to know why the individual tax rate cuts in the Senate version of the Tax Cuts and Jobs Act are so small. Or conversely,...
November 27, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

An Experiment: How Low Could Tax Rates Go If Congress Eliminated All Tax Expenditures?

An Experiment: How Low Could Tax Rates Go If Congress Eliminated All Tax Expenditures? How low could Congress cut tax rates without losing revenue? To...
September 13, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Flake’s Alpaca Attack Misses The Real Problem With the Tax Code

Senator Jeff Flake (R-AZ) is generating some buzz for publishing a 56-page report on what he considers the most egregious preferences in the tax code...
June 13, 2017Howard Gleckman