Tax Policy Center

TCJA

Federal Budget and Economy: TaxVox
Want to know why the budget deficit is enormous and growing? One reason is that when one political party in Congress proposes new tax cuts...
December 4, 2023Howard Gleckman
Federal Budget and Economy: TaxVox
Now that Congress has passed the Fiscal Responsibility Act (FRA) of 2023 , it isn’t too soon to start thinking about the mess lawmakers have...
June 7, 2023Howard Gleckman
Individual Taxes: TaxVox
This blog has been revised, reflecting TPC’s recalculated analysis of proposals to reduce business taxes that are under discussion in Congress. TPC’s initial analysis over-estimated...
December 7, 2022Howard Gleckman
Individual Taxes: TaxVox
With Democrats retaining narrow control of the Senate and Republicans on the cusp of winning the barest of majorities in the House, it will be...
November 16, 2022Howard Gleckman
Business Taxes: TaxVox
Corporate tax revenues boomed in 2021 and some supporters of the 2017 Tax Cuts and Jobs Act argue that the big tax reductions in the...
June 3, 2022William G. GaleKyle PomerleauSteven M. Rosenthal
Business Taxes: TaxVox
President Biden’s 2023 budget would replace the current 10 percent base erosion anti-avoidance tax (BEAT) on US subsidiaries of foreign corporations with a 15 percent...
April 27, 2022Thornton MathesonThomas Brosy
Federal Budget and Economy: TaxVox
When the Tax Cuts and Jobs Act (TCJA) was enacted, critics claimed that reducing the tax subsidy for mortgage interest would hurt home values ...
March 30, 2022Robert McClellandLivia Mucciolo
: TaxVox
The 2017 Tax Cuts and Jobs Act (TCJA) changed the way parts of the tax code are indexed for inflation. Instead of using the standard...
February 4, 2022Robert McClelland
Business Taxes: TaxVox
The Build Back Better (BBB) bill’s winter holiday gives Congress more time to evaluate the plan’s components, including a 15 percent minimum tax on the...
January 25, 2022Thornton MathesonThomas Brosy
Individual Taxes: TaxVox
In 2021, the Child Tax Credit (CTC), helped nearly all families with children . But this year, because American Rescue Plan (ARP) expansions have lapsed,...
January 4, 2022Elaine Maag