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The voices of Tax Policy Center's researchers and staff

The Latest SALT Cap Fix Would Mostly Benefit High Income Households, Do Little For Middle-Income People

November 3, 2021 –
The Democrats’ latest plan to adjust the cap on the state and local tax (SALT) deduction would provide little or no benefit for low and...
Federal Budget and Economy

It’s Long Overdue for Public Finance Scholars to Study Racism in the Tax Code

November 4, 2021 –
The murder of George Floyd, in May 2020, sparked a national reckoning and renewed attention to issues of racial equity and justice. This long-overdue awakening...
Federal Budget and Economy

Settling the Dust of the Coal Industry

November 3, 2021 –
Coal miners increasingly are victims of a cruel paradox. Even as production declines, more are suffering from deadly black lung disease. Yet falling production and...

Will the Ohio Supreme Court Fuel the State’s NASCAR Tax?

November 3, 2021 –
“If you ain’t first, you’re last.” That all-or-nothing motto catalyzes number one NASCAR driver and titular hero in the 2006 spoof, Talladega Nights: The Ballad...

What Is Biden’s Minimum Book Income Tax on Corporations?

November 2, 2021 –
Last week, President Biden proposed a major change in the way some large corporations are taxed. These firms would be required to pay tax on...
Federal Budget and Economy

What is Dynamic Scoring? TPC’s Ben Page and John Buhl Discuss the Basics

November 1, 2021 –
With Congress in the midst of an intense debate over a big new tax and spending bill, policymakers are battling over the costs and economic...
Individual Taxes

How The Democrats’ New Millionaire Surtax Would Work

October 28, 2021 –
How The Democrats’ New Millionaire Surtax Would Work Democrats, scrambling to find a way to tax high-income households that Congress is willing to enact, appear...

The Child Tax Credit Could Be A Lifeline For Puerto Rican Families—But Only If They File

October 27, 2021 –
Among other changes to the child tax credit (CTC), the American Rescue Plan (ARP) made the CTC available to far more families in Puerto Rico...
Shipping containers
Business Taxes

Ways and Means GILTI Reform Proposal Closely Tracks OECD/G-20 Pillar 2

October 27, 2021 –
Recent proposals to reform the tax treatment of US multinationals would increase US revenues substantially, according to an analysis by the Tax Policy Center. The...
State and Local Issues

Gaming The SALT Cap May Be Congress’s Worst Tax Idea Of The Year

October 27, 2021 –
Ever since Congress capped the state and local tax (SALT) deduction in 2017, a small group of Blue State Democrats has demanded the cap’s repeal...