TaxVox

The voices of Tax Policy Center's researchers and staff

Individual Taxes

Direct Payments In Coronavirus Stimulus Bill Are Well Targeted to Low- And Middle-Income Households

March 23, 2020 –
The direct payments (called recovery rebates) included in the Senate’s latest coronavirus stimulus plan would target two-thirds of their benefits to low- and middle-income households,...
Campaigns, Proposals, and Reforms

Sanders Proposes a $23 Trillion Tax Increase, Mostly On High-Income Households And Businesses

March 19, 2020 –
Excluding tax hikes to fund Medicare for All, Sanders would boost federal revenue by about 3.6 percent of gross domestic product.

The Novel Coronavirus Requires Novel State Solutions

March 19, 2020 –
The United States has very little experience coping with pandemics, let alone their fiscal implications. As the crisis progresses, state leaders may be inclined to...
Federal Budget and Economy

Government Payments Will Help Families But May Not Boost The Coronavirus Economy Much

March 18, 2020 –
Democrats and Republicans seem to be reaching a growing consensus that one way the federal government can respond to the coronavirus pandemic is to send...
Federal Budget and Economy

If We Give Everybody Cash To Boost The Coronavirus Economy, Let’s Tax It

March 18, 2020 –
Giving people cash is a great way to soften COVID-19’s economic blow. But it’s sparked a classic debate. Should the federal government give money to...
Federal Budget and Economy

Macroeconomic Policy In The Time Of COVID-19

March 17, 2020 –
COVID-19 poses a severe threat not only to public health but also to the overall U.S. economy. The Nation’s policy response should focus on three...
Individual Taxes

Using The EITC To Help Fight An Economic Slowdown

March 13, 2020 –
President Trump and some members of Congress are promoting a payroll tax cut to respond to the growing coronavirus outbreak. But if they are looking...
Federal Budget and Economy

The Economics of Social Distancing, Or Why The Coronavirus Made Me Postpone My Pi Day Party

March 13, 2020 –
Pi Day is one of my favorite holidays, where I have a chance to celebrate math, pies, and puns. All of which I love. This...
Individual Taxes

Six Reasons Why Trump’s Plan To Delay Tax Filing Won’t Help The Coronavirus Economy

March 12, 2020 –
President Trump says he wants to allow “certain” people and businesses to delay tax filing in an apparent effort to stabilize the economy in the...
Federal Budget and Economy

Targeted, Industry-Specific Tax Breaks Would Be A Terrible Response To Coronavirus

March 11, 2020 –
President Trump seems to want Congress to pass tax breaks for industries hard-hit by collapsing demand in the wake of the coronavirus outbreak. While we...