Tax Policy Center

Ted Cruz

Campaigns, Proposals, and Reforms: TaxVox
The folks over at the Committee for A Responsible Federal Budget have added up the cost of Democratic presidential hopeful Hillary Clinton’s policy platform and how she’d finance it. And, lo and behold, it looks like she’d actually pay for nearly all she wants to do. In contemporary American politics, this is nothing short of amazing.
May 3, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
It is only April and we have heard presidential candidates propose some of the biggest and most ambitious tax plans i n modern US history. Donald Trump is proposing the largest tax cut ever, and Ted Cruz is not far behind. Bernie Sanders has proposed the biggest tax increase since World War II. But
April 14, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
As you think about the ambitious tax ideas being proposed by this season’s presidential hopefuls, keep this in mind: Sometimes, far-reaching tax policy ideas outlive the candidacies of those who promote them. Long after their races are distant memories, ideas that opponents mock in the heat of an
April 8, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
The Challenges of Modeling Presidential Tax Plans The Committee for a Responsible Federal Budget sponsored a fascinating discussion yesterday on estimating presidential candidate tax plans. My Tax Policy Center colleague Len Burman, Kyle Pomerleau of the Tax Foundation, and Bob McIntyre of Citizens
March 10, 2016Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
After the Tax Policy Center published our analysis of Senator Cruz’s tax plan, the campaign told us that they also intend to expand the Earned Income Tax Credit (EITC) . This change would modestly increase after-tax incomes of low-income families while increasing the cost of the overall Cruz
March 2, 2016Leonard E. Burman
Campaigns, Proposals, and Reforms: TaxVox
When the Tax Hound began its monthly investigations a year ago, we had the modest goal of making tax policy relevant to the every-day concerns of the average taxpayer. At the time, I was drunk with wonky excitement (if that’s possible). “We elect a new president in a year, and we can help make tax policy matter to the average voter! There’ll be candidate proposals, analyses of those plans… It’ll be great!”
March 1, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox
GOP presidential hopeful Ted Cruz’s aggressive plan to shift the tax code from a mostly income-based system to one based on consumption would slash federal revenues by $8.6 trillion over the next decade, according to a new Tax Policy Center analysis . Including interest costs, it would add $10.2
February 15, 2016Howard Gleckman
Federal Budget and Economy: TaxVox
Senator Marco Rubio would convert the income tax into a progressive consumption tax, an ambitious idea that would eliminate the income tax’s penalty on saving. However, a new Tax Policy Center analysis finds that Rubio’s version would slash federal tax revenues by $6.8 trillion over the next decade
February 10, 2016Howard Gleckman
: TaxVox
Bernie Sanders: Medicare, and tax increases, for all. The Democratic presidential hopeful proposed a $1.38 trillion universal health care plan and the tax hikes aimed to pay for it, just before Sunday’s Democratic debate. Sanders would impose a 2.2 percent income-based premium on all households,
January 19, 2016Renu Zaretsky
Campaigns, Proposals, and Reforms: TaxVox
The presidential election is nearly a year away, but many candidates have already rolled out detailed tax reform plans. On the GOP side, we’ve seen proposals from Jeb Bush (the subject of a rigorous Tax Policy Center analysis ), Marco Rubio, Ted Cruz, and Donald Trump, among others. Among Democrats
December 15, 2015Harvey Galper