TaxVox

RSS

The voices of Tax Policy Center's researchers and staff

Federal Budget and Economy

Note To Governors: Cutting Taxes Will Make Inflation Worse, Not Better

March 15, 2022 –
Note To Governors: Cutting Taxes May Make Inflation Worse Even as Republican governors blast President Biden and congressional Democrats for both causing inflation and failing...

Are Current Hill Tax Plans Enough To Fund A Scaled-Back Climate And Social Spending Bill?

March 10, 2022 –
In a 50-50 Senate where every vote counts, President Biden’s “Build Back Better” (BBB) fiscal agenda has a new name and—if it wants the vote...
Individual Taxes

The Uncertain Future of the IRS Free File Program

March 9, 2022 –
Most of us dread filing tax returns—it’s too complicated, too confusing, and often too expensive. The Free File Program eased some of those burdens for...

Many Low-Income Families May Not Get the Full Child Tax Credit Because They Won’t File A Tax Return

March 8, 2022 –
From July to December, the IRS delivered advanced payments of the 2021 expanded child tax credit (CTC) to the families of over 61 million children...
State and Local Issues

Congress Should Do More Than Block Tax-Exempt Bonds For Pro Sports Stadiums

March 4, 2022 –
Virginia’s efforts to subsidize a stadium and mixed-use commercial development for Dan Snyder and his Washington Commanders NFL football team would be a foolish waste...
State and Local Issues

Is Ending the Grocery Tax on States’ Tax Cut Shopping List?

March 3, 2022 –
Despite some warnings of long-term fiscal risk, policymakers across the country continue to push big state tax cuts. While most are focused on income tax...
State and Local Issues

Sales Tax Carveouts: They’re All About That Base

March 2, 2022 –
Sales tax exemption bills may be good political messaging, but they reflect misguided tax policy that can be arbitrary, complex, and unenforceable.

Higher Oil Prices Can Help Fuel Green Transition

March 1, 2022 –
Democratic leaders have pledged to combat higher petroleum prices due to Russia’s invasion of the Ukraine. Shying away from a Russian oil boycott , they...
Individual Taxes

Scott’s “Skin In The Game” Plan Could Raise Taxes By $100 Billion in 2022, Mostly On Low- And Moderate-Income Households

February 24, 2022 –
Sen. Rick Scott (R-FL), who chairs the National Republican Senatorial Committee, has proposed an 11-point plan to “Rescue America” including this : “All Americans should...
State and Local Issues

The Misbegotten Bidding War Over Public Subsidies for Washington’s Football Team

February 23, 2022 –
Dan Snyder, owner of the newly-renamed Washington Commanders football team, reportedly wants to build a $1 billion stadium that would anchor $2 billion in commercial...