TaxVox

The voices of Tax Policy Center's researchers and staff

Tax Cuts Won’t Make America Great Again

October 20, 2017 –
In a speech earlier this week, Donald Trump invoked Ronald Reagan’s 1981 tax cuts as a model for his own plan. Trump said Reagan’s tax...
Campaigns, Proposals, and Reforms

Can Trump Sell A Tax Bill To Middle-Income Voters?

October 19, 2017 –
While President Trump continues to promote what he says will be the biggest tax cut in history for middle-income households, it is increasingly clear that...
Campaigns, Proposals, and Reforms

Will Corporate Tax Cuts Really Increase worker Incomes By $4,000?

October 18, 2017 –
The White House Council of Economic Advisers put out a paper this week defending a very bold prediction: A cut in the corporate tax rate...

Eight Lessons on How to Design Tax Reform

October 13, 2017 –
Endorsing the concept of tax reform is just one small step towards making it a reality. How do lawmakers, who are confronted with an almost...
Individual Taxes

Why Do We Make It So Hard For Immigrants To Pay Their Taxes?

October 12, 2017 –
Why do we make it so hard for immigrants to pay their federal income taxes? Why do we throw so many roadblocks between them and...
Business Taxes

Raise the 15 Percent Tax Rate on Capital Gains To Boost Revenue In A Progressive Way

October 11, 2017 –
Republican leaders have several challenges to overcome before they can pass a big tax bill. Here are two: (1) They need revenue to pay for...

Child Tax Credit In The Unified Framework: Nothing To See Here

October 10, 2017 –
The Big Six Unified Framework promises a tax plan that “significantly increases the Child Tax Credit (CTC)”, but provides few details. If the child tax...

The Unintended Consequences of Killing the Estate Tax

October 9, 2017 –
The United Framework for tax reform outlined last week by the congressional Republican leadership and the Trump Administration included a proposal to eliminate the estate...
Campaigns, Proposals, and Reforms

Will A Corporate Rate Cut Really Increase US Jobs And Wages?

October 5, 2017 –
Kevin Hassett, chair of President Trump’s Council of Economic Advisers, argued today that the corporate tax cuts in the Sept. 27 Republican Unified Framework would...
Business Taxes

How Should Tax Reform Treat Employee Stock and Options?

October 4, 2017 –
The tax treatment of employee stock and options used as a compensation mechanism raises a classic Goldilocks problem. We want the tax burden on this...