Tax Policy Center

Tax Policy Center

Federal Budget and Economy: TaxVox

A Tax Plan Consistent With Trump’s April Outline Could Cut Revenue By Up To $7.8 Trillion

A tax proposal consistent with what the Trump Administration outlined in April could reduce federal revenues by as much as $7.8 trillion over the next...
July 12, 2017Howard Gleckman
Individual Taxes: TaxVox

The Senate Leadership’s Health Plan Would Benefit High-Income Households, Hurt Those With Low Incomes

The changes in taxes and health care benefits in Senate Majority Leader Mitch McConnell’s alternative to the Affordable Care Act would leave lower-income households worse...
July 11, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

TPC Update Finds House GOP Tax Plan Would Slow Growth, Add Trillions To The Deficit

In an updated analysis, the Tax Policy Center estimates that t he House Republican leadership’s 2016 tax blueprint would reduce economic output by 0.5 percent...
July 6, 2017Howard Gleckman
Individual Taxes: TaxVox

If The GOP Must Cut Taxes As Part of Its Health Plan, Why Not Help Middle-Income Households?

If The GOP Must Cut Taxes As Part of Its Health Plan, Why Not Help Middle-Income Households? Let’s say you want to cut about $1...
June 29, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Despite Ryan’s Call For “Transformational Tax Reform,” Core Issues Remain Unresolved

Today, House Speaker Paul Ryan (R-WI) used a highly-promoted speech to call for a major tax bill in 2017. His message: “Transformational tax reform can...
June 20, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Trying To Understand The Details Of President Trump’s Tax Plan

We know that President Trump wants to make major changes in the tax code. But while the Administration has released broad outlines, it has not...
June 1, 2017Howard Gleckman
Individual Taxes: TaxVox

Why Repealing the State And Local Tax Deduction Is So Hard

If you want to know how hard it will be for the Trump Administration and the House GOP leadership to pass a tax bill that...
May 30, 2017Howard Gleckman
Federal Budget and Economy: TaxVox

Trump's Can Opener Budget

You know the old joke: An economist and a seaman are stranded on a desert island with only canned food to eat. But they have...
May 23, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox

Who Would Benefit From A Tax Cut on Partnerships And Other Pass-Throughs?

Cutting tax rates on pass-through businesses to 15 percent appears to be a core element of President Trump’s tax agenda. However, new estimates from...
May 15, 2017Howard Gleckman
Individual Taxes: TaxVox

Trump Didn’t Disclose His Preferred Tax Brackets. Here’s Why It Matters

When President Trump announced his latest tax plan outline, he called for new individual tax rates of 10-25-35 percent. But he left out a critical...
May 9, 2017Howard Gleckman