Ask seven public policy think tanks how to get the federal budget on a “strong, more sustainable fiscal path” and you’ll inevitably get seven different...
Should Vice President Kamala Harris ascend to the top of the Democratic ticket, her legislative record as a senator may shed light on her future approach to tax policy.
State revenue forecasting has always been a complex task. Given these challenges, state forecasters tend to underestimate rather than overestimate revenues to avoid potentially severe...
If the Court determines that “realization” is a Constitutional requirement, the decision would, at worst, threaten to gut the taxation of capital income. At best, it would require the Court to join Congress and the US Treasury Department in the endless game of whack-a-mole on tax shelters.
The dependent exemption, the earned income tax credit (EITC), and the child tax credit (CTC), supported at times by Republicans and Democrats alike, help bolster...
The Congressional Budget Office’s latest fiscal update is filled with terrifying numbers: The projected deficit for this fiscal year will hit 7 percent of Gross...
The Supreme Court upheld Congress’s taxing authority, at least for taxing undistributed corporate profits. But what about Congress’s authority to tax other unreceived profits, like unrealized capital gains or other capital income?
