TaxVox

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The voices of Tax Policy Center's researchers and staff

State and Local Issues

State Tax Cuts Can Be a Post-Pandemic Success Story—If They Fit the Moment

February 9, 2022 –
A few weeks into their 2022 legislative sessions, the question in most state capitols across the country—from Connecticut to Utah —is not whether to cut...

Remembering Don Lubick

February 9, 2022 –
Don Lubick, who passed away yesterday at age 95, was an extraordinary public servant who was among the last living links to the beginnings of...
State and Local Issues

Five Reasons Why States Should Proceed with Caution Despite Soaring Revenues

February 8, 2022 –
Two years into the pandemic, states are flush with cash, a vastly different picture than the 20 percent revenue decline suffered by states in the...

How the Pandemic Affected the TCJA’s Shift to A Chained CPI Index

February 4, 2022 –
The 2017 Tax Cuts and Jobs Act (TCJA) changed the way parts of the tax code are indexed for inflation. Instead of using the standard...

Does the World Need Tax-Advantaged Art Freeports?

February 2, 2022 –
High-end collectors can delay taxes indefinitely by buying and storing their art in “freeports.” Why?
Individual Taxes

The Profound Philosophical Disagreement Over The Refundable Child Tax Credit

January 28, 2022 –
Often, tax policy debates can be settled by splitting the difference. You like a tax rate of 28 percent. I prefer 20 percent. Let’s settle...
Individual Taxes

The IRS Made Me File A Paper Return. Then Lost It

January 26, 2022 –
The IRS lost my 2020 tax return. Well, according to the notice I got yesterday, the IRS says it “never received” the return. But I’m...
Business Taxes

Fix the Existing Corporate Tax Before Forging a New One

January 25, 2022 –
The Build Back Better (BBB) bill’s winter holiday gives Congress more time to evaluate the plan’s components, including a 15 percent minimum tax on the...
State and Local Issues

Only in Florida: DeSantis’s Proposal to Suspend the Gas Tax with ARP Dollars is Doubly Wrong

January 14, 2022 –
Florida Governor Ron DeSantis wants to use $1 billion in American Rescue Plan (ARP) funds to suspend Florida’s gas tax for five months. Suspending the...
State and Local Issues

Public Safety or Speed Traps? The Conflicts of Interest Behind Fines and Fees

January 13, 2022 –
If you have ever been issued a speeding ticket, you probably grumbled about the government using you as a piggy bank. In our new research...