TaxVox

The voices of Tax Policy Center's researchers and staff

fiscal cliff
Federal Budget and Economy

The Debt Limit: Here We Go Again

October 15, 2015 –
In less than a month—and in perhaps as little as 18 days-- the federal government will be unable to pay its bills. Realistically, there is only one...
taxes
Business Taxes

How A Carbon Tax Could Have Prevented The Volkswagen Diesel Scandal

October 12, 2015 –
If anyone needed another example of why a carbon tax is a good idea, look no further than Volkswagen’s diesel scandal. The automaker’s efforts to...

A Speaker, A Speaker, Their Kingdom for a Speaker

October 12, 2015 –
Congress in recess. The Daily Deduction will return to its regular schedule on Monday, October 19. “Hey, hey Paul…” House Ways & Means Chair Paul...
State and Local Issues

Taxes penalize hockey teams? That's a bad call, eh?

October 9, 2015 –
Americans for Tax Reform (ATR) and the Canadian Taxpayers Federation (CTF) recently published a report, " Major Penalty for High Taxes ," that claims taxes...
tax
Campaigns, Proposals, and Reforms

Making Wall Street Pay: Proposals from the Campaign Trail

October 8, 2015 –
Both Bernie Sanders and Hillary Clinton recently proposed new Wall Street taxes, which reflect their strikingly different philosophies (and, perhaps...
Federal Budget and Economy

Why Dump the Cadillac Tax?

October 8, 2015 –
Economists love the Affordable Care Act’s Cadillac tax, the excise tax on high-cost employer sponsored health insurance plans. Well, maybe not love...

Questions, Subsidies, Deductions, and Profits

October 8, 2015 –
The Senate Finance Committee has some questions for Volkswagen. Chairman Orrin Hatch and Ranking Member Ron Wyden sent the German automaker a letter...
Individual Taxes

The Case of the Carrot in Need of a Stick: A Tax Credit for Paid Family Leave

October 7, 2015 –
My husband and I started our family in 2005. We both worked full-time: He for a large multinational corporation, and I for a small nonprofit. My...
Individual Taxes

New Estimates Of How Many Households Pay No Federal Income Tax

October 6, 2015 –
The Tax Policy Center has updated its estimate of the percentage of households that will not pay federal income tax this year. We now figure it is 45...
Campaigns, Proposals, and Reforms

How Investment Managers (And Maybe You) Would Benefit From Trump’s Tax Plan

October 1, 2015 –
Donald Trump says he’d eliminate the tax break on carried interest. What he doesn’t say is he’d give the investment managers who now benefit from...