Tax Policy Center

TCJA

Individual Taxes: TaxVox

Are We Headed For A New Era of Income Tax Deduction Creep?

Congress can’t seem to end its love affair with tax deductions. For a brief period starting with then-House Ways & Means Committee Chair Dave Camp’s...
May 28, 2020Howard Gleckman
Individual Taxes: TaxVox

Charitable Giving Appears To Have Fallen In 2018, Despite Treasury Claims

On March 3, the Treasury Department put out a press release saying that 2018’s charitable giving “appeared largely unchanged from previous years,” despite a “concern...
March 6, 2020C. Eugene Steuerle
Business Taxes: TaxVox

Corporate Taxes: Are They Fair? Who Really Pays Them, And When?

When it comes to corporate taxes, what’s “fair?” Do taxpayers have a sense of what major corporations pay in taxes? And when corporations pay income taxes, do we understand who ultimately bears that tax burden?
March 4, 2020Renu Zaretsky
Business Taxes: TaxVox

Let The Dust Settle On The TCJA Before Judging Its Effectiveness

TPC’s Steve Rosenthal and American Enterprise Institute resident scholar Aparna Mathur recently debated the corporate tax provisions of the 2017 Tax Cuts and Jobs Act...
February 24, 2020Aparna Mathur
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
Business Taxes: TaxVox

Did TCJA’s Corporate Rate Cuts Work As Promised? No Signs Yet.

Last week , I debated American Enterprise Institute resident scholar Aparna Mathur on the question of whether the corporate income tax rate cuts from the...
February 19, 2020Steven M. Rosenthal
State and Local Issues: TaxVox

We Don’t Know If The SALT Cap Is Driving Away Residents Of High-Tax States

Has the $10,000 cap on the state and local tax (SALT) deduction included in the 2017 Tax Cuts and Jobs Act produced a mass migration...
February 10, 2020Lucy DadayanNoah Zwiefel
Federal Budget and Economy: TaxVox

Despite Trump’s Claims, It Is Hard To See Much Economic Impact Two Years After Passage Of The Tax Cuts And Jobs Act

In last night’s State of the Union address , President Trump declared, “Our economy is the best it has ever been.” And, he added, “If...
February 5, 2020Howard GleckmanAravind Boddupalli
Federal Budget and Economy: TaxVox

Paul Volcker Taught Us How Tax And Monetary Policy Can Work Together To Enhance Growth

The recent passing of former Federal Reserve Chair Paul Volcker serves as an important reminder of his critical role in ending stagflation in the late...
December 16, 2019C. Eugene Steuerle
: TaxVox

The Tax Cuts And Jobs Act Reduced Tax Expenditures But By Much Less Than The 1986 Tax Reform Act

For years, tax reformers have advocated reducing marginal tax rates, broadening the tax base, and eliminating provisions that provide special benefits to select forms of...
December 10, 2019Eric Toder