TaxVox

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The voices of Tax Policy Center's researchers and staff

Federal Budget and Economy

Despite Trump’s Claims, It Is Hard To See Much Economic Impact Two Years After Passage Of The Tax Cuts And Jobs Act

February 5, 2020 –
In last night’s State of the Union address , President Trump declared, “Our economy is the best it has ever been.” And, he added, “If...
Campaigns, Proposals, and Reforms

“Don’t Tax Me, Don’t Tax Thee, Tax That Person Who’s Richer Than… We.”

February 5, 2020 –
Presidential primary season is here, and the Democrats’ talk of taxing the rich grows louder. Those proposals spark interesting conversations among my friends.
Campaigns, Proposals, and Reforms

Are Tax Credits The Best Way To Subsidize Long-Term Care Costs?

February 3, 2020 –
Most major Democratic presidential hopefuls have proposed new government assistance for those receiving long-term supports and services and their families. Mayor Pete Buttigieg has proposed...

How A VAT Could Tax The Rich And Pay For Universal Basic Income

January 30, 2020 –
The Congressional Budget Office just projected a series of $1 trillion budget deficits—as far as the eye can see. Narrowing that deficit will require not...

How Income Taxes Interact With Racial Disparities

January 30, 2020 –
Because the IRS does not ask for a tax filer’s race or ethnicity on tax forms, examining the relationship between race and the tax system...
Tax Expenditures Feature

TPC Launches A New Resource For Understanding Tax Expenditures

January 28, 2020 –
Would you be surprised to learn that in addition to the $1.3 trillion the federal government will spend on Medicare, Medicaid , and related health...

Tracking State Tax Policy Is Hard; A New Resource Helps You Prepare For Policy Debates In All 50 States

January 28, 2020 –
What are the biggest trends in state tax policy? Sometimes there are easy answers to this question. In recent years nearly every state made changes...
State and Local Issues

States Adopt Some Federal Tax Expenditures And Add Others

January 24, 2020 –
In fiscal year 2020, Georgia will spend nearly $500 million in film and television tax credits in return for the promise of new jobs and...
Campaigns, Proposals, and Reforms

Inequality Is A Big And Growing Issue, But A Wealth Tax May Not Be The Solution

January 23, 2020 –
Wealth inequality in the US is a problem. Wealth taxes may not be the solution...
Individual Taxes

Congress Could Improve Both the Tax Code And Health Coverage By Redesigning The Tax Subsidy For Employer-Sponsored Insurance

January 21, 2020 –
When Congress voted in December to repeal the Affordable Care Act’s “Cadillac tax” on high-cost employer-sponsored health insurance plans (ESI), it took health policy in...