TaxVox

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The voices of Tax Policy Center's researchers and staff

Business Taxes

Big Tech Has Our Data. Should We Tax Them on It?

March 3, 2021 –
Tech firms pay taxes on their income, but at relatively low worldwide rates. Should they pay a new, separate tax on the data they collect?

Could Better Government Have Lowered Pandemic Deaths by 100,000 or Reduced Costs by a Trillion Dollars?

March 1, 2021 –
It never is easy for government to respond to crises, especially one as big and far-reaching as the COVID-19 pandemic. Yet, a better policymaking process...
State and Local Issues

Maryland’s Digital Advertising Levy Sets Off a New Battle Over Taxing E-Commerce

February 25, 2021 –
The most interesting tax news these days may be state efforts to tax digital advertising
State and Local Issues

Why States and Localities Need More Federal Aid

February 22, 2021 –
Opponents of additional federal aid to state and local governments have noted that overall state revenue declines have not been as bad as expected during...
Business Taxes

What We Are Learning About Firms That Received PPP Loans in 2020

February 18, 2021 –
The Paycheck Protection Program (PPP) was considered essential to last year’s bipartisan COVID-19 relief packages, and many policymakers initially hailed the CARES Act version as...
Individual Taxes

Should IRS or Social Security Administer A Monthly Child Benefit?

February 17, 2021 –
President Biden, the House Ways & Means Committee, and Senator Mitt Romney (R-UT) agree: They want to increase child benefits to parents who work and...
Individual Taxes

Increasing the Childless EITC Is A Good Start; It Should Include Students Too

February 15, 2021 –
President Biden and House Way & Means Committee Democrats have proposed increasing the earned income tax credit (EITC) for workers without children at home –...
Federal Budget and Economy

Congress Could Make COVID-19 Relief Payments Fairer, Less Costly, and More Stimulative

February 11, 2021 –
Republicans and some leading economists have raised concerns about the cost, fairness, and stimulative effects of proposed cash payments in the pandemic relief legislation Congress...
Individual Taxes

No Chance for A Romantic Dinner in Your Favorite Restaurant on Valentine’s Day? Try TPC’s Marriage Calculator Instead

February 11, 2021 –
Depressed that you won’t be dining out in a romantic restaurant with your loved one this Valentine’s Day? The Tax Policy Center has a prescription...
Campaigns, Proposals, and Reforms

TPC Finds the Ways & Means Pandemic Relief Plan Mostly Helps Low- and Moderate-Income Households, But Higher Income Families Benefit as Well

February 10, 2021 –
The major tax provisions of the pandemic relief bill proposed by House Ways & Means Committee Democrats on January 8 would reduce 2021 federal taxes...