TaxVox

The voices of Tax Policy Center's researchers and staff

Individual Taxes

Obama and Romney Display Their New Clothes

February 23, 2012 –
After a frantic day of listening to rival briefings and addressing reporters’ questions on the new tax reform plans unveiled by President Obama and Governor...
Campaigns, Proposals, and Reforms

Inside Obama’s Framework for Business Tax Reform

February 22, 2012 –
Here’s what I love about President Obama’s Framework for Business Tax Reform : His diagnosis of the problem is spot on. In just a few...
Federal Budget and Economy

Budget Gimmicks Are Alive and Well in the Payroll Tax Cut

February 21, 2012 –
The other day, I criticized the unwillingness of Congress to finance the latest extension of the payroll tax cut. Since that blog, the Congressional Budget...
Federal Budget and Economy

Just How Big is the Payroll Tax Cut?

February 20, 2012 –
The 2-percentage-point payroll tax cut extended by Congress in December and again last week will save workers a total of $114 billion this year, according...
Federal Budget and Economy

Perspectives on Tax Reform from Rudy Penner and Donald Marron

February 17, 2012 –
In the current issue of the journal The International Economy , ten economic thinkers shared their views on how best to restructure the tax system...
Federal Budget and Economy

President’s 2013 Budget Would Enable Almost All Americans to Save for Retirement

February 16, 2012 –
The new 2013 budget unveiled by President Obama on Monday again contains the Automatic IRA , which was developed by Brookings' Retirement Security Project in...
Federal Budget and Economy

Congress Figures Out How to Finance a Payroll Tax Cut: Borrow the Money

February 15, 2012 –
It looks like Congress is about to assume its default position: In the face of an intractable partisan dispute over how to pay for a...
Individual Taxes

How Would the Buffett Rule Affect Marginal Tax Rates?

February 14, 2012 –
The Paying a Fair Share Act of 2012 (PFSA) – Congress’ first crack at legislating the Buffett rule – would apply a broad-based 30 percent...
Individual Taxes

Raising Revenue in a Progressive Manner Without Raising Tax Rates

February 14, 2012 –
Amidst the myriad proposals in President Obama’s budget are two "big ideas" that would raise revenue in a progressive manner without raising taxes. These important...
Federal Budget and Economy

Taxes in Obama’s Budget: Few Specifics but Some Big Principles

February 13, 2012 –
When it comes to taxes, President Obama has proposed what might best be called a conceptual budget —a powerful call for tax reform that is...