TaxVox

The voices of Tax Policy Center's researchers and staff

In the Midwest, Across the Pacific, and Down Under

June 4, 2014 –
Looks like there’ll be tax cuts in Ohio. The state’s legislature has produced a compromise bill that heads to Republican Governor John Kasich’s desk...

EPA Regulations, International Taxation and Hitting the Sweet Spot

June 3, 2014 –
Will the EPA’s proposal to curb greenhouse gas emissions allow state-based carbon taxes? The new regulations would give states broad flexibility to...
Individual Taxes

Could EPA’s New Greenhouse Gas Rules Open the Door to a State-based Carbon Tax?

June 2, 2014 –
EPA’s proposed tough new standards for power-plant emissions of greenhouse gasses opens the door to new state or regional cap-and-trade systems to...

Holes, Holidays, Hurricanes, and Tax Bills

June 2, 2014 –
The Illinois legislature passed a budget with revenue holes and no spending cuts. Democratic Governor Pat Quinn tried to make temporary tax increases...

Depreciation, Digital Economies, Carbon, and Oil

May 30, 2014 –
Appreciation for depreciation is really, really expensive. Perhaps unsurprisingly, the House Ways and Means Committee easily approved permanent...
Campaigns, Proposals, and Reforms

Dave Camp’s Great Bonus Depreciation Flip-Flop

May 29, 2014 –
Sadly, the House Ways & Means Committee has turned on its head a proposal by its chairman, Dave Camp (R-MI) to repeal bonus depreciation for...

Tax Relief, Hikes, and Incentives

May 29, 2014 –
DC residents will likely see tax cuts—the largest in 15 years. The DC Council voted yesterday to support $165 million in tax cuts , a plan based in...
Individual Taxes

Three Options for Better Climate Policy

May 28, 2014 –
Thanks to a 2007 Supreme Court ruling that greenhouse gases are air pollutants under the Clean Air Act, the Environmental Protection Agency has to do...

Corporations, Local Revenues, Tough Love, and Carbon

May 28, 2014 –
The House Ways and Means Committee marks up a bill restoring more expired tax breaks tomorrow. On the table: a measure making bonus depreciation for...
Individual Taxes

Turning Carbon Tax Theory Into Reality

May 27, 2014 –
A carbon tax has great appeal. It could reduce the risk of climate change by building emissions costs into market prices, thus discouraging the use...