if we want more of a good thing, don’t tax it. So how should we think about the vehicle-mileage tax (VMT) that raises the costs of driving planet-friendly hybrid or electric vehicles?
State and local lawmakers are struggling with many tough questions about their post-pandemic economies. Should they anticipate more remote work or plan for most people...
Would Extending More Generous Tax Credits Increase The Number Of Non-Income Tax Payers? We know the pandemic and the policy response to it dramatically increased...
In a recent report co-authored with University of Chicago Professor Daniel Hemel, I described how our retirement tax system favors the rich disproportionately. But it’s...
Bigger State EITCs Are Simple, Affordable, and Effective Currently, 28 states offer their own EITC . (Missouri and Washington State will join the list in...
As the first day of school approaches, remember that the quality of a child’s education is largely determined by where their public school is located...
The COVID-19 pandemic and the policy response to it led to an extraordinary increase in the number of American households that owed no federal individual income tax in 2020. The Tax Policy Center estimates that last year more than 107 million households, or nearly 61 percent, owed no income tax or even received tax credits from the government.
Buried in today’s partisan squabbles over President Biden’s ambitious domestic agenda is a fundamental question: How can government best increase the nation’s wealth? Does it...
Mega-IRAs are hot this summer, following a June 2021 report by the nonprofit news service ProPublica that revealed—based on leaked IRS files—that a handful of...