TaxVox

The voices of Tax Policy Center's researchers and staff

tax
Campaigns, Proposals, and Reforms

How the Tax Policy Center Analyzes Presidential Candidates’ Tax Plans

December 7, 2015 –
Since 2004, the Urban Brookings Tax Policy Center has been analyzing the tax plans of presidential candidates. We are doing the same for the 2016...
US Capitol
Federal Budget and Economy

The Highway Bill Takes Congress on a FAST Track to More Debt

December 3, 2015 –
Sometime within the next few days, Congress will pass, with great fanfare, what it proudly calls a $305 billion, five-year transportation bill . But...
Individual Taxes

The ACA Penalty Tax Is Going Up If You Don’t Get Health Insurance

December 2, 2015 –
It’s open season again for the Affordable Care Act (ACA) , when Americans can sign up for health care, often with the help of large subsidies from...
Individual Taxes

The Case of the Mislabeled ABLE Account

December 2, 2015 –
Last December, President Obama signed into law the Achieving a Better Life Experience (ABLE) Act . ABLE looks a lot like a state-run 529 college...
taxes
Federal Budget and Economy

Back at the Tax Extender Trough

November 30, 2015 –
For years, Congress has struggled with what to do with scores of temporary tax breaks that have come to be known as the “tax extenders .” The usual...
Campaigns, Proposals, and Reforms

Another Way to Slow Corporate Inversions: Collect an Exit Tax on U.S. Firms with Deferred Earnings

November 30, 2015 –
Pfizer’s recent decision to merge with Irish drugmaker Allergan generated headlines as the latest, and biggest, example of an inversion—where a U.S.-...
Individual Taxes

Clinton's Caregiver Credit Adds To Her List of Tax Breaks, Sharpens Her Contrast With The GOP

November 23, 2015 –
The contrast couldn’t be more stark, and it seems to be getting stronger. The likely Democratic presidential nominee, Hillary Clinton, would...
treasury
Campaigns, Proposals, and Reforms

Treasury Pulls its Punches on Earnings Stripping

November 20, 2015 –
Treasury released its much anticipated second round of guidance on inversions, which failed to live up to expectations. Treasury made only small...
Individual Taxes

Two Important New Retirement Savings Initiatives from the Obama Administration

November 19, 2015 –
In recent weeks, the Obama Administration has taken the two most important steps in nearly a decade to increase access to retirement savings for more...
Federal Budget and Economy

Would Two Year Budgeting Help Break the Fiscal Impasse?

November 19, 2015 –
Enormously frustrated with what everyone agrees is a largely failed budget process, thoughtful members of Congress are looking for reforms that could...