TaxVox

The voices of Tax Policy Center's researchers and staff

Individual Taxes

Are Tax Inversions Really Unpatriotic?

July 29, 2014 –
President Obama and many congressional Democrats argue that U.S.-based multinational firms are being unpatriotic by moving their corporate addresses...

How Do You Solve a Problem Like Inversions?

July 29, 2014 –
How do you catch a tax and pin it down? Can governments make corporations “ stay and listen to all they say ?” Treasury Secretary Jack Lew in his...
Individual Taxes

The “Helping Working Families Afford Child Care Act” Would Help, but Doesn’t Solve the Timing Mismatch

July 28, 2014 –
The Child and Dependent Care Tax Credit (CDCTC) does not work for low-income families. It fails on three counts – the credit is nonrefundable, covers...

A Showdown, Some Backlash and Big Bets

July 28, 2014 –
The Highway Trust Fund is almost out of gas. Congress leaves for its month-long recess on Friday, but without legislative action the fund will run...
Individual Taxes

The Bring Jobs Home Act Won’t

July 24, 2014 –
The Bring Jobs Home Act is a classic message bill. Its Democratic sponsors have no interest in making it law, they merely see it as a way to boost...

Reducing Income Inequality, Taxing Businesses to “Hire American”

July 24, 2014 –
Have Obama’s tax policies reduced income inequality? TPC has some new data, but the answer depends on who you compare him to. Relative to George W...
Campaigns, Proposals, and Reforms

How Progressive is Obama’s Tax Policy?

July 23, 2014 –
Has President Obama’s tax policy reduced income inequality? It depends on what you are comparing it to. White House Council of Economic Advisors...

ACA Tax Subsidies Face Risk; IRS Enforcement Is Overtaxed

July 23, 2014 –
Two appeals courts deliver opposing rulings on Affordable Care Act tax subsidies. The DC Circuit Court ruled yesterday that the tax credits can only...
Individual Taxes

Have We Created a Two-Tiered Tax System—One for the Powerful and One for the Rest of Us?

July 22, 2014 –
Unlike the rest of us, many high-income, influential people and organizations have close to a free hand when it comes to their taxes. Already...
Individual Taxes

Abuse of financial products by hedge funds

July 22, 2014 –
Today, I testified before the U.S. Senate Permanent Subcommittee on Investigations (the “Subcommittee”) on the abuse of structured financial products...