TaxVox

The voices of Tax Policy Center's researchers and staff

Individual Taxes

Seven Tax Issues Facing Small Business

April 9, 2014 –
Today I had the chance to testify before the House Small Business Committee on the many tax issues facing small business. Here are my opening remarks...
Individual Taxes

Tax Expenditures for Asset-Building: Costly, Regressive, and Ineffective

April 9, 2014 –
Most federal subsidies aimed at helping households accumulate financial and tangible assets are delivered through tax expenditures—spending through...
Campaigns, Proposals, and Reforms

If You Have High Income, Your Taxes Are Going Up

April 8, 2014 –
As the April 15 deadline for filing 2013 income taxes nears, most of us are finding that Uncle Sam will take about the same share of our income as...
Individual Taxes

Two Ways to Fix the Corporate Income Tax: Internationalize it or Kill It

April 4, 2014 –
In an important new paper , Eric Toder of the Tax Policy Center and Alan Viard of the American Enterprise Institute say that corporate tax reforms...
Individual Taxes

Why Most Tax Extenders Should Not Be Permanent

April 3, 2014 –
What to do about the tax extenders—or, as my colleague Donald Marron calls them, the “tax expirers” ? Restoring the current crop (most of which...
Federal Budget and Economy

House Republicans Punt on Tax Reform

April 1, 2014 –
The House Republican budget, released today by Budget Committee Chair Paul Ryan (R-WI), kicks the tax reform can down the road yet again. Not only...
Individual Taxes

An EPA-Sanctioned State-Based Carbon Tax Could Reduce Emissions and Improve State Finances

April 1, 2014 –
The U.S. Environmental Protection Agency (EPA) is developing a proposed rule due out in June that could allow states to use carbon excise taxes or...
Campaigns, Proposals, and Reforms

Thank You, Dave Camp

April 1, 2014 –
House Ways & Means Committee Chair Dave Camp (R-MI), who said yesterday that he’ll retire from Congress at the end of the year, will leave behind...
Campaigns, Proposals, and Reforms

Should Tax Reform Be Sold on Values Instead of Economics?

March 31, 2014 –
Maybe the best way for tax reformers to get political traction is to focus on values, not economics. That, at least, was one take-away from three...
Individual Taxes

You Could Owe Capital Gains Taxes When You Spend Bitcoin

March 27, 2014 –
The IRS determined this week that Bitcoin and other digital currencies should be taxed as property, not currency. This means Bitcoin transactions...