TaxVox

How Warren’s Promises May Exceed Her Ability To Pay, And Teach Voters An Important Lesson

April 24, 2019 –

Sen. Elizabeth Warren has proposed a long list of detailed, ambitious, and very expensive campaign ideas. And she has described how she’d pay for them:...

Thirty Years Later: I’m Paying A Lower Tax Rate On More Income

April 23, 2019 –

As I finished my federal income tax return for 2018, I could not help but think about a return I filed 30 years ago. What...

The Senate Democrats’ Plan To Expand Refundable Tax Credits For Working Families Builds On Existing Ideas

April 22, 2019 –

Senate Democrats have rallied around the Working Families Tax Relief Act (WFTRA) that would significantly expand the Earned Income Tax Credit (EITC) and more modestly...

The Three Numbers To Know About The TCJA In 2018

April 18, 2019 –

As tax filing season came to an end, lots of people wanted to know how much the Tax Cuts and Jobs Act (TCJA) affected 2018...

Tax Day Is Here, And State Budget Offices Share Your Fears And Hopes For A Good Return

April 15, 2019 –

With Tax Day here, taxpayers are scrambling to finish up their returns—both federal and state (that is, if their state has an individual income tax)...

Individual Taxes

The Income Tax Makes Life Simpler, Really

April 12, 2019 –

As April 15 approaches, it is fashionable to complain about how complicated the tax system is. And it is. But it’s time to recognize that,...

Four Ways To Tell When A Tax Proposal Is Serious

April 11, 2019 –

With the new Congress well into its legislative season and many Democratic presidential hopefuls in full campaign mode, policy ideas are flying fast and furious...