TaxVox

How To Remake The TCJA Into Pro-Growth, Progressive Tax Reform

October 7, 2019 –

The Tax Cuts and Jobs Act (TCJA) cut federal tax revenues by nearly $2 trillion over its first decade, with almost all the benefit going...

Business Taxes

Using Taxes To Cap Executive Compensation Doesn’t Work

October 3, 2019 –

This week, Democratic presidential hopeful Bernie Sanders proposed raising the tax rates for large corporations where there are “exorbitant” pay gaps between top executives and...

State and Local Issues

Michigan: Let’s Tax (Not Ban) Vape Products

October 2, 2019 –

Policymakers concerned about the growth of vaping activity could ban vaping products. Or they could try to use taxes to discourage the practice. There are advantages and disadvantages to each policy option. The issue is complicated, because an e-cigarette and its products can be used in many ways with sometimes-conflicting effects.

State and Local Issues

California Moves To Curb Local Economic Development Tax Incentives. It Might Want To Try Cooperation Instead.

September 30, 2019 –

The California Legislature has moved to prohibit local governments from offering certain sales tax incentives to promote economic development and attract businesses, such as e-commerce...

Campaigns, Proposals, and Reforms

Working Families Tax Relief Act Provides Substantial Benefits - And Misses Opportunity

September 26, 2019 –

Democrats are focused on passing the Working Families Tax Relief Act (WFTRA), and for good reason. If passed, the WFTRA would provide about $ 85...

Balancing Hate, The First Amendment, And Tax-Exempt Status

September 25, 2019 –

Is hate speech constitutionally protected? Do groups that express hate in their words and deeds deserve tax-exempt status? Is the IRS equipped to judge what...

Individual Taxes

Can A Wealth Tax Raise The Revenue Its Sponsors Hope?

September 24, 2019 –

The wealth tax is having a moment.

Individual Taxes

Will California’s New Labor Law Change The Way Gig Workers Are Taxed?

September 20, 2019 –

A sprawling and controversial new labor law signed by California Governor Gavin Newsom this week could have major tax consequences for gig workers in the...