TaxVox

The voices of Tax Policy Center's researchers and staff

Individual Taxes

How Do Estate And Inheritance Taxes Affect Entrepreneurs?

March 6, 2018 –
A new paper and brief explore how estate and inheritance taxes (or wealth transfer taxes) affect entrepreneurs and would-be entrepreneurs. It is a contentious issue...
Individual Taxes

Using The False Claims Act To Close The Tax Gap

March 5, 2018 –
The IRS estimates that for the years 2008-2010, taxpayers owed but did not pay an average of $458 billion annually in federal taxes —mostly because...
State and Local Issues

Delta, Guns, And Economic Development Tax Breaks

March 1, 2018 –
Delta Airlines announces it is cancelling its affinity program with the National Rifle Association. In retaliation, Georgia’s lieutenant governor says he’ll try to kill a...

Charities Have Plenty of Opportunity to Advance Giving Despite Tax Law Losses

February 28, 2018 –
By substantially cutting the number of taxpayers who will receive a charitable deduction, the Tax Cuts and Jobs Act (TCJA) has created an opportunity for...
State and Local Issues

Could States Fix The SALT Deduction Cap By Taxing Pass-Throughs and Giving Their Owners A Credit?

February 27, 2018 –
As states continue to search for ways to protect their residents from the Tax Cuts and Jobs Act’s (TCJA) limits on the federal deductibility of...
Federal Budget and Economy

Can Treasury Rewrite the New Tax Bill?

February 26, 2018 –
Last year, Congress proved it can act quickly—enacting the massive Tax Cuts and Jobs Act (TCJA) just six weeks after the first version was introduced...
Federal Budget and Economy

What Singapore and Germany Can Teach The US About Fiscal Policy

February 22, 2018 –
The US—with a projected 2018 federal budget deficit of 4 percent of Gross Domestic Product and an economy running at close to full employment-- just...
Individual Taxes

Immigration Curbs Will Weaken Social Security

February 21, 2018 –
President Trump has proposed deporting hundreds of thousands of immigrants and backed curbs on legal immigration into the US. The president’s aggressive views on immigration...

Most Taxpayers’ Benefits Come Mainly from the TCJA’s Individual Provisions, But the Rich Get Much of Their Tax Cuts from Corporate Changes

February 19, 2018 –
The Tax Cuts and Jobs Act (TCJA) affects the after-tax income of households in two ways: directly through the individual income tax and indirectly through...

Governors Talk Taxes in Their State of the State Addresses

February 16, 2018 –
It’s difficult to predict where states will end up on tax policy this year given last year’s budget drama and this year’s new federal tax...