TCJA | Tax Policy Center

Minnesota’s Struggles To Conform to the TCJA Made Its CPAs Happy. Taxpayers, Not So Much.

It’s an unusually glamorous time to be an accountant in Minnesota. Over the past year, certified public accountants (CPAs) and other professional tax preparers have...

August 26, 2019Erin Huffer Maxwell Grozovsky

: TaxVox

States Must Be Aware Of How Big Changes In Federal Law Affect Their Revenue Codes

All states with an income tax link to the federal tax system to some degree. This system of federal-state conformity helps taxpayers by standardizing the...

August 19, 2019Erin Huffer

Federal Budget and Economy: TaxVox

Post TCJA Bonuses Were Mostly a Timing Shift, Not A Boost In Long-Term Worker Pay

A spike in announcements of bonus payments for workers followed the passage of the Tax Cuts and Jobs Act (TCJA) in December 2017, and President...

July 16, 2019Theo Burke Steven M. Rosenthal

Campaigns, Proposals, and Reforms: TaxVox

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new Congressional Research Service report finds that the 2017 Tax Cuts and Jobs Act had little measureable effect on the overall US economy in...

May 29, 2019Howard Gleckman

Individual Taxes: TaxVox

Washington’s Theater of Infrastructure: The Trick Is To Get The Joke

Yesterday was a classic example of Washington theater at its best. House Speaker Nancy Pelosi and top Senate Democrat Chuck Schumer left a White House...

May 1, 2019Howard Gleckman

Business Taxes: TaxVox

Four New Reasons To Question The Federal Tax Exemption Of Non-Profits

In recent weeks, we’ve seen four different stories that raise questions about the state of tax-exempt organizations.

March 29, 2019Howard Gleckman

: TaxVox

A Cool Tool That Shows How Various Elements Of The TCJA Affect Revenues And Incomes

How did key elements of the 2017 Tax Cuts and Jobs Act (TCJA) affect the after-tax incomes of various income groups? And what would happen...

March 26, 2019Howard Gleckman

: TaxVox

Fixing The TCJA: Restore The Personal Exemption

Now that Democrats have taken control of the House of Representatives, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs...

March 21, 2019Robert McClelland

Individual Taxes: TaxVox

Fixing the TCJA: Restoring The Estate Tax’s Exemption Levels

Now that Democrats have taken control of the House of Representatives, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs...

March 20, 2019Robert McClelland

Individual Taxes: TaxVox

Fixing The TCJA: How Should Congress Treat the Alternative Minimum Tax?

Now that Democrats have taken control of the House, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs Act. There...

March 19, 2019Robert McClelland