TaxVox

Taxes and Public Education: We get what we pay for… When we want it.

May 2, 2018 –

How and why do our property tax dollars fund public education? It’s a tricky thing, asking taxpayers to pay for something they don’t feel they use every day. After all, some see public education as a public good that serves the overall economy and community. But others… don’t.

Federal Budget and Economy

CBO Thinks The TCJA Will Cost $433 Billion More Than Last December’s Estimate. What Happened?

April 30, 2018 –

In its April fiscal update , the Congressional Budget Office estimated that the Tax Cuts and Jobs Act (TCJA) would increase the federal debt by...

Federal Budget and Economy

Are We Beginning An Historic Debate Over Work In the US?

April 27, 2018 –

Are We Beginning An Historic Debate Over Work In The US? What should the federal government do to encourage people to work? Should it try...

TPC Releases Updated Marriage Penalty and Bonus Calculator For 2018, Including The TCJA

April 26, 2018 –

Just in time for wedding season, the Tax Policy Center has released an updated version of our Marriage Bonus and Penalty Calculator . The calculator...

State and Local Issues

Ready, Or More Often Not, States Make Big Tax Changes

April 23, 2018 –

When Congress passed the Tax Cuts and Jobs Act (TCJA) in December, it forced states to confront major tax policy issues of their own ,...

Federal Budget and Economy

CBO’s Grim Budget Forecast Underestimates The Nation’s True Fiscal Problems

April 23, 2018 –

CBO recently released new budget projections that incorporate the 2017 tax act and the 2018 spending deals. In a new paper with Alan J. Auerbach,...

What Republicans and Democrats Can Learn from “The Myth of Millionaire Tax Flight”

April 20, 2018 –

In red states like Oklahoma , Kentucky , and West Virginia , teachers forced legislators to confront how low-tax policies have starved their education systems...