Value added tax

: TaxVox

How A VAT Could Tax The Rich And Pay For Universal Basic Income

The Congressional Budget Office just projected a series of $1 trillion budget deficits—as far as the eye can see. Narrowing that deficit will require not...

January 30, 2020William G. Gale

Individual Taxes: TaxVox

Where Can Warren Get $32 Trillion To Pay For Her Government Health Plan?

Democratic presidential hopeful Elizabeth Warren says she’ll disclose her plan to pay for universal, public health care within the “next few weeks.” But finding the money won't be easy.

October 25, 2019Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Did The GOP Just Open The Door To A Carbon Tax In 2025?

Supporters of the Tax Cuts and Jobs Act like to describe it as a once-in-a-generation tax overhaul. It is arguably true that it is the...

December 20, 2017Howard Gleckman

: TaxVox

A Tax Credit to Give Middle-Class Workers a Raise

When the middle class was suffering from the ravages of the Great Depression, demagogues of the right and left blamed easy scapegoats and offered populist...

August 2, 2017Leonard E. Burman

Campaigns, Proposals, and Reforms: TaxVox

Swapping The Employer Share of The Payroll Tax For a Consumption Tax

Would you be willing to swap a new, broad-based consumption tax for your employer’s share of the Social Security and Medicare payroll tax? According to...

July 6, 2016Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

The Fiscal Legacy of Bernie Sanders’s Surprising Presidential Candidacy

Bernie Sanders, the democratic socialist Senator from Vermont, surprised almost everyone by waging a very strong campaign for President. However, it is now clear to...

June 16, 2016Leonard E. Burman

Campaigns, Proposals, and Reforms: TaxVox

The Best—And Worst—Tax Ideas of the 2016 Presidential Campaign

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

Individual Taxes: TaxVox

Len Burman’s Brief for a Health Care VAT

In the cover essay in the current issue of The Milken Institute Review , Len Burman calls for a Value-Added Tax (VAT) to pay for government health care costs. Len, the director of Tax Policy Center (and, thus, my boss), argues that a dedicated—and fully transparent--health care VAT would increase

April 24, 2014Howard Gleckman

Individual Taxes: TaxVox

A Value-Added Tax That Won’t Raise Revenues Or Boost Taxes on the Poor

For many years, Michael Graetz, now a law professor at Columbia University, has been promoting a national Value-Added Tax (VAT) that would become the principal...

November 26, 2013Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

What a Value-Added Tax Would Mean for the Tax Code—and the Economy

A well-designed Value-Added Tax could simplify the tax code for most households and finance significant reductions in corporate and individual income tax rates without adding...

January 31, 2012Howard Gleckman