Tax Policy Center

tax extenders

: TaxVox
Employers can’t “dump” their employees in ACA exchanges. Some large employers hoped to offer tax-free cash to employees to help them pay Affordable Care Act insurance premiums, a cheaper alternative to covering workers directly. But the IRS ruled against that . The penalty for doing so could cost
May 27, 2014Renu Zaretsky
Individual Taxes: TaxVox
The latest example of why bipartisanship is not necessarily good: A bill proposed by senators Chuck Schumer (D-NY) and Pat Roberts (R-KN) to require the IRS to hire private debt collectors. The last time Congress made the IRS try this, the agency lost money. It was a terrible idea then and it is a
May 22, 2014Howard Gleckman
Individual Taxes: TaxVox
The other day, the House Ways & Means Committee voted to cut taxes for certain businesses by $310 billion. Washington, being Washington, is now in the midst of a partisan debate over whether this is in fact a tax cut or, conversely, whether failing to cut those business levies would be a tax
May 1, 2014Howard Gleckman
Individual Taxes: TaxVox
Egged on by business lobbyists, congressional tax writers seem increasingly interested in allowing firms to rapidly write off the cost of their capital investments. Especially in the House, lawmakers would allow small businesses to expense the full cost of their investments in the year they are
April 17, 2014Howard Gleckman
Individual Taxes: TaxVox
What to do about the tax extenders—or, as my colleague Donald Marron calls them, the “tax expirers” ? Restoring the current crop (most of which expired on December 31) for 10 years would add about $900 billion to the deficit. House Ways & Means Committee Chair Dave Camp (R-MI) and Senate
April 3, 2014C. Eugene Steuerle
Campaigns, Proposals, and Reforms: TaxVox
House Ways & Means Committee Chair Dave Camp (R-MI) has a plan for what to do with scores of now-expired tax subsidies that are sitting...
March 25, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
After it returns from Spring Break next week, Congress may face two big fiscal reality checks. It will have to decide whether to temporarily extend...
March 20, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
In the battle over whether to extend long-term unemployment benefits, one of the Republican talking points is: Sure, we’ll consider an extension, but it must...
January 9, 2014Howard Gleckman
Federal Budget and Economy: TaxVox
In three weeks, more than 60 expiring tax provisions will…expire. At least for a while. It isn’t unusual for these mostly-business tax breaks to temporarily...
December 10, 2013Howard Gleckman
Federal Budget and Economy: TaxVox
There is lots of buzz around Washington about whether a laundry list of expiring tax provisions could be the key to a modest budget agreement...
November 7, 2013Howard Gleckman