TaxVox

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The voices of Tax Policy Center's researchers and staff

Campaigns, Proposals, and Reforms

Will Congress Turn Democratic Tax Hikes Turn Into Bipartisan Tax Cuts?

March 24, 2022 –
A funny thing happened to the trillions of dollars of proposed tax increases on corporations and high-income households that were high on the agendas of...
Business Taxes

Petroleum Profit Tax Would Be Efficient and Progressive

March 21, 2022 –
The recent oil price spike has triggered many calls for a temporary windfall profit tax (WPT) on the oil industry, which the US last imposed...
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...