TaxVox

The voices of Tax Policy Center's researchers and staff

State and Local Issues

Don’t Look Now, But States Already Are Requiring Online Sellers To Collect Sales Taxes

September 4, 2018 –
Note to Congress: About that Internet sales tax thing, stand down...
Campaigns, Proposals, and Reforms

Why The TCJA Is Unlikely To Help Republicans In the Coming Congressional Elections

August 29, 2018 –
Did Republicans make a political mistake rushing the Tax Cuts and Jobs Act (TCJA) through Congress in less than two months in late 2017? In...

Remembering John McCain’s Tax Agenda

August 27, 2018 –
During primary season in 2000, I came upon my boss—a longtime Democratic insider—reading John McCain's tax plan. “It’s really good,” he said, and a lot...

Treasury Dashes The Charity Workaround For SALT, Also Limits Tax Credit Programs For Private Schools

August 24, 2018 –
As warned earlier , Treasury proposed rules to block a state and local tax (SALT) deduction workaround strategy that had been adopted by New York...
Individual Taxes

The Tax Policy Center Has Updated Its Baseline Tables

August 23, 2018 –
The Tax Policy Center has updated its baseline distribution tables to reflect the changes of the 2017 Tax Cuts and Jobs Act (TCJA) as well...
Business Taxes

Indexing Capital Gains For Inflation Addresses A Real Problem But Ignores Existing Law

August 22, 2018 –
The idea of indexing capital gains for inflation is getting a lot of attention these days. Larry Kudlow, who heads the White House National Economic...
Federal Budget and Economy

What Would It Take For Congress To Bring The Federal Debt Down To Manageable Levels

August 22, 2018 –
Back in the presidential campaign, candidate Donald Trump promised to eliminate the national debt in eight years. This goal was never plausible, even before Congress...
Individual Taxes

How Doctors Are Expanding Access To The Earned Income Tax Credit

August 17, 2018 –
Here is the problem: Families with children are not fully benefitting from tax-based government safety net programs such as the Earned Income Tax Credit (EITC)...
Business Taxes

The TCJA’s Pass-Through Deduction Was Misguided From the Beginning

August 15, 2018 –
The Tax Cuts and Jobs Act’s (TCJA) special 20 percent individual income tax deduction for pass-through businesses such as partnerships and sole proprietorships was misguided—and...
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Business Taxes

Treasury’s New Pass-Through Rules Double Down On The Deduction’s Regressivity

August 14, 2018 –
The Tax Cuts and Jobs Act (TCJA) contains a special 20-percent individual income tax deduction for owners of pass-through businesses that was always going to...