Tax Policy Center

Tax Policy Center

Campaigns, Proposals, and Reforms: TaxVox

Biden Proposed Raising Social Security Payroll Taxes By $740 Billion…And Still Got Elected President

An amazing thing happened in this year’s presidential election. A major party candidate proposed raising Social Security payroll taxes. And won.
November 17, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Could a Divided Congress Approve Biden’s Ambitious Tax Agenda? Maybe More Than You Think

The conventional wisdom is that President-elect Joe Biden’s ambitious tax agenda will die in a GOP Senate, but some elements could pass.
November 9, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Surprise: Biden and Trump Both Back A Modest Middle-Income Tax Cut

In one key respect, their plans appear surprisingly similar.
October 28, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

TPC Updates Its Analysis: Biden Would Raise Taxes by $2.1 Trillion, Nearly All On Business and High-Income Households

Democratic presidential candidate Joe Biden’s current campaign plan would raise taxes by $2.1 trillion over the next decade, about 0.9 percent of Gross Domestic Product.
October 15, 2020Howard Gleckman
Individual Taxes: TaxVox

Fewer Than 0.5 Percent of Very High-Income Households Paid as Little Tax As Donald Trump

Following The New York Times blockbuster series on President Trump’s personal finances—especially the revelation that he paid just $750 in federal income tax in 2016...
October 2, 2020Howard Gleckman
Individual Taxes: TaxVox

Free File Is An Easy Way For Government To Get Coronavirus Payments To Non-Filers

The federal government’s new coronavirus payments to adults and children will provide much-needed cash to 90 percent of US households. Unfortunately, tens of millions of...
March 30, 2020Howard GleckmanElaine Maag
Federal Budget and Economy: TaxVox

How Will The Coronavirus Stimulus Bill’s Individual Payments Work?

For many households, the most important provision of the massive $2.2 trillion stimulus bill passed by the Senate last night will be the individual cash...
March 26, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Sanders Proposes a $23 Trillion Tax Increase, Mostly On High-Income Households And Businesses

Excluding tax hikes to fund Medicare for All, Sanders would boost federal revenue by about 3.6 percent of gross domestic product.
March 19, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Biden Would Raise Taxes by $4 Trillion Over 10 Years, Mostly on The Highest-Income Households

Former Vice President Joe Biden would raise taxes by nearly $4 trillion over the next decade, about 1.5 percent of gross domestic product.
March 5, 2020Howard Gleckman
Individual Taxes: TaxVox

Are Tax Breaks For Non-Profits And Their Donors Worth Saving?

The special tax treatment Congress has granted to non-profits and tax deduction it gives their donors are broken. So broken, in fact, that it is...
February 20, 2020Howard Gleckman