TaxVox

Deficits After ATRA

January 31, 2013 –

The American Taxpayer Relief Act (ATRA) , the New Year’s legislation that effectively forestalled the bulk of the January 2013 fiscal cliff, probably staved off...

Federal Budget and Economy

The government and short-run economic growth

January 31, 2013 –

Economic growth estimates released yesterday were not good news : the economy contracted in the fourth quarter for the first time since 2009, albeit by...

Individual Taxes

Camp’s Investment Tax Plan: Implications for Lower Rates on Capital Gains?

January 30, 2013 –

House Ways and Means Committee Chairman Dave Camp (R-MI) has proposed requiring most derivatives investors to pay tax on their annual returns even if they...

Campaigns, Proposals, and Reforms

Payroll Tax Cuts May Boost the Economy More than You Think

January 29, 2013 –

Just as Congress allowed the 2011-12 payroll tax cut to expire, new research by the Federal Reserve Bank of New York suggests that such tax...

Individual Taxes

Chairman Camp Agrees: Too Many Choices Burden our Tax System

January 28, 2013 –

Last week’s draft plan by House Ways & Means Committee Chair Dave Camp (R-MI) to reform the taxation of financial products includes two key changes...

Individual Taxes

Earned Income Tax Awareness Day

January 25, 2013 –

As tax filing season approaches, the IRS is reminding low-income families about the Earned Income Tax Credit (EITC). The EITC provides a wage subsidy for...

Campaigns, Proposals, and Reforms