Tax Policy Center

TCJA

: TaxVox
A key provision of 2017 Tax Cuts and Jobs Act (TCJA) was the elimination of the personal exemption. The change has a major effect on...
December 17, 2018Richard C. Auxier
Individual Taxes: TaxVox
While the Tax Cuts and Jobs Act (TCJA) did not directly change the rules for the child and dependent care tax credit (CDCTC), other provisions...
November 27, 2018Elaine Maag
State and Local Issues: TaxVox
Amazon’s decision to build big new facilities in New York City and Northern Virginia prompted a predictable outcry about the reported $2 billion plus in...
November 20, 2018Tracy Gordon
State and Local Issues: TaxVox
Some low- and middle-income families in Colorado, Minnesota, New Mexico, and North Dakota are facing state income tax hikes. And the larger the family, generally...
November 15, 2018Richard C. AuxierElaine Maag
: TaxVox
Last Friday, the IRS published its first set of proposed regulations for Opportunity Zones, a provision of the Tax Cuts and Jobs Act (TCJA), that...
October 23, 2018Brett TheodosSteven M. RosenthalBrady Meixell
Individual Taxes: TaxVox
Senator Kamala Harris (D-CA) is proposing to raise the incomes of working families through a new tax proposal called the “LIFT (Livable Incomes for Families...
October 18, 2018Elaine Maag
: TaxVox
The Tax Policy Center’s newly released baseline tables tell a nuanced and somewhat paradoxical story. For over a decade, legislative changes and real income growth...
September 18, 2018Eric Toder
: TaxVox
Most capital income earned by the wealthy never is taxed at the individual level, in part because assets are often not sold and their gains...
September 6, 2018C. Eugene Steuerle
Federal Budget and Economy: TaxVox
The Tax Policy Center has updated its estimate of the percentage of Americans who pay no federal individual income taxes. And the number is: 44...
September 5, 2018Philip StallworthDaniel Berger