Tax Policy Center

tax expenditures

Federal Budget and Economy: TaxVox

How to Avoid Sequester and Give Both Parties What They Want

I would like to propose a simple plan that would let Republicans and Democrats avoid a blunt, across-the-board sequester that fails to set priorities. It...
February 27, 2013C. Eugene Steuerle
Individual Taxes: TaxVox

Congress May Not Rewrite the Tax Code in 2013, But It Could Make It Simpler

As regular readers of Tax Vox know, I don’t believe there is much chance President Obama and Congress will agree on individual broad-based tax reform...
February 21, 2013Howard Gleckman
Federal Budget and Economy: TaxVox

Obama’s State of the Union and the Great Deficit Smackdown

House Republicans say they want to balance the budget in a decade with only spending cuts and no tax hikes. In his state of the...
February 12, 2013Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Corporate Tax Reform is on Obama’s Agenda, But Can He Pull it Off?

In what will probably be the usual endless laundry list of State of the Union promises, President Obama is likely to include tax reform, by...
February 12, 2013Howard Gleckman
Federal Budget and Economy: TaxVox

Current Revenue Solutions Will Barely Reduce the Deficit

Despite the ideological hype over revenue increases for the upper-income taxpayers and restricting itemized tax deductions, almost all the considered changes will tackle only a...
December 7, 2012C. Eugene Steuerle
Individual Taxes: TaxVox

How to Cut the Charitable Deduction Without Reducing Giving

If income tax deductions are capped or limited—an idea that often comes up in the debate over both the fiscal cliff and long-run tax reform—the...
December 5, 2012Howard Gleckman
Federal Budget and Economy: TaxVox

Understanding President Obama’s Revenue Targets

President Obama and administration officials have offered two different revenue targets for the fiscal cliff debate: $1 trillion and $1.6 trillion (sometimes reported as $1.5...
November 16, 2012Donald Marron
Federal Budget and Economy: TaxVox

Can Congress Raise Taxes on the Rich without Raising Their Rates? Maybe

At his press conference yesterday , President Obama said it is nearly impossible to raise taxes on the wealthy (a key piece of his fiscal...
November 15, 2012Howard Gleckman
Individual Taxes: TaxVox

Washington Starts To Dance Away from the Fiscal Cliff

So the dance begins. President Obama, House Speaker John Boehner (R-OH), and various other lawmakers are starting to lay down their markers as they look...
November 9, 2012Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

The Real Lesson About Capping Itemized Deductions

The Tax Policy Center is back in the political cauldron, this time in the wake of its new research that looks at the revenue and...
October 18, 2012Howard Gleckman