TaxVox

The voices of Tax Policy Center's researchers and staff

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...
Individual Taxes

Scott’s “Skin In The Game” Plan Could Raise Taxes By $100 Billion in 2022, Mostly On Low- And Moderate-Income Households

February 24, 2022 –
Sen. Rick Scott (R-FL), who chairs the National Republican Senatorial Committee, has proposed an 11-point plan to “Rescue America” including this : “All Americans should...
State and Local Issues

The Misbegotten Bidding War Over Public Subsidies for Washington’s Football Team

February 23, 2022 –
Dan Snyder, owner of the newly-renamed Washington Commanders football team, reportedly wants to build a $1 billion stadium that would anchor $2 billion in commercial...
Individual Taxes

The Tax Gap’s Many Shades Of Gray

February 22, 2022 –
The “tax gap”—the difference between taxes owed to the government and taxes actually collected—often is equated with evasion . But the tax gap is more...
Individual Taxes

The IRS Is In The Headlines. That Is Not A Good Thing

February 16, 2022 –
Remember the old marketing cliche: “I don’t care what you say about me as long as you spell my name right.” In the Internet age,...
Individual Taxes

Should Congress Trade Temporary Assistance for Needy Families (TANF) For A Child Allowance?

February 15, 2022 –
As Congress struggles to develop a scaled back version of President Biden’s Build Back Better (BBB) plan, some observers (including my TPC colleague Howard Gleckman...