TaxVox

The voices of Tax Policy Center's researchers and staff

Individual Taxes

My Vacation in the Sharing Economy

July 5, 2017 –
My family did Airbnb last month. We rented a nice cottage in northern Michigan. The price was right and it was comfortable…except for the ants. There weren’t a lot, but enough that I emailed the home owner/ host. She never responded but we dealt with it. After all, our expectations weren’t as high as if it were a hotel. Our host was sharing her home and we had a friendly, casual relationship. Or did we? When does sharing for a fee morph into something more formal?
Individual Taxes

Why Trump Might Want To Shift Towards The Child Tax Credit For Low-Income Families

July 5, 2017 –
President Trump, perhaps spurred on by his daughter Ivanka, wants to use the tax code to provide new government assistance to families with children. During...
Individual Taxes

If The GOP Must Cut Taxes As Part of Its Health Plan, Why Not Help Middle-Income Households?

June 29, 2017 –
If The GOP Must Cut Taxes As Part of Its Health Plan, Why Not Help Middle-Income Households? Let’s say you want to cut about $1...
Individual Taxes

Why The Senate Leadership's Tax Plan Would Lose Less Revenue Than The House Bill

June 27, 2017 –
The Senate Republican leadership’s health plan loses about $300 billion less revenue than the House-passed health bill. Yet, most of the tax cuts in the...
Federal Budget and Economy

The Senate Leadership’s Health Bill Is A Big Tax Cut, Especially For The Top One Percent

June 26, 2017 –
Much like the House-passed American Health Care Act (AHCA), the Senate leadership’s health bill includes a huge tax cut that mostly benefits the nation’s highest-income...
Federal Budget and Economy

The Attacks On The Congressional Budget Office Are Wrong

June 23, 2017 –
The Congressional Budget Office is under unprecedented political attack. These criticisms are overblown, and likely will prove to be counterproductive—even to those making them. CBO’s...
Individual Taxes

The Tax Pieces of The Senate Health Bill Look A Lot Like The House's

June 22, 2017 –
The Senate Republican leadership released its closely-held alternative to the Affordable Care Act this morning. When it comes to taxes, the proposal looks a lot...
Campaigns, Proposals, and Reforms

Despite Ryan’s Call For “Transformational Tax Reform,” Core Issues Remain Unresolved

June 20, 2017 –
Today, House Speaker Paul Ryan (R-WI) used a highly-promoted speech to call for a major tax bill in 2017. His message: “Transformational tax reform can...
State and Local Issues

The Complex Relationship Between The State And Local Tax Deduction And The Alternative Minimum Tax

June 19, 2017 –
The House Republican leadership and the Trump Administration want to repeal the state and local tax (SALT) deduction and the individual Alternative Minimum Tax (AMT)...

Ways To Reform Taxation Of Small Business

June 16, 2017 –
On June 14, I testified before the Senate Small Business and Entrepreneurship Committee on how tax reform might affect small business. I delivered two key...