TaxVox

The voices of Tax Policy Center's researchers and staff

Federal Budget and Economy

What the Latest Economic Numbers Tell Us About The Effects Of The TCJA

November 2, 2018 –
TaxVox is continuing to track a set of economic indicators to see whether the Tax Cuts and Jobs Act has, in President Trump’s words, created...
Individual Taxes

The Ups and Downs Of California’s Gas Tax

November 1, 2018 –
Last year, California raised its excise taxes on motor fuels. The tax on gasoline increased from 34.7 cents per gallon to 46.7 cents per gallon...
Individual Taxes

Making Sure Gig Workers Pay The Right Amount of Tax

October 30, 2018 –
For all the attention being lavished on the gig economy, we still have much to learn about those who are working in it. But we...

Halloween Candy for Tax Nerds: 2018's State Ballot Initiatives

October 25, 2018 –
Election Day 2018 has a bumper crop of voter initiatives on state taxes, ranging from new levies on carbon, payroll, motor fuels, marijuana, soda, and...
Individual Taxes

There Will Be No Middle-Class Tax Cut This Week. Or Next Month

October 25, 2018 –
Pundits are breathlessly speculating about what President Trump’s promise to cut taxes for the middle class by 10 percent could possibly mean. They are wasting...

The IRS Proposes Generous Rules For Opportunity Zone Investors But What Will They Mean For Communities?

October 23, 2018 –
Last Friday, the IRS published its first set of proposed regulations for Opportunity Zones, a provision of the Tax Cuts and Jobs Act (TCJA), that...
Individual Taxes

Will The TCJA Upend The Non-Profit World?

October 22, 2018 –
The Tax Cuts and Jobs Act (TCJA) significantly changed the nature of the tax deduction for charitable donations. But will it transform giving itself and...
Individual Taxes

Senator Harris Seeks To Raise Incomes Using A New Tax Credit

October 18, 2018 –
Senator Kamala Harris (D-CA) is proposing to raise the incomes of working families through a new tax proposal called the “LIFT (Livable Incomes for Families...
Federal Budget and Economy

The Price Of Tax Cuts And Spending Hikes

October 17, 2018 –
The Treasury Department reported this week that the federal budget deficit for fiscal year 2018 increased by $113 billion, or 17 percent from 2017, resulting...
Individual Taxes

The TCJA Shifted The Benefits Of Tax Expenditures to Higher-Income Households

October 16, 2018 –
Until the Tax Cuts and Jobs Act (TCJA), people across the income distribution could say they benefited from the tax code’s many targeted tax benefits...