TaxVox: Individual Taxes

South Dakota Turned Itself Into A Tax Haven. But Why?

October 14, 2021 –

In recent decades, South Dakota has become one of the world’s great tax havens. By the end of last year, more than $367 billion in...

Individual Taxes

Dear Senators Crapo And Grassley: Synthetic Tax Data Protect Taxpayer Privacy

October 12, 2021 –

Senators Mike Crapo (R-ID) and Chuck Grassley (R-IA) recently asked for an investigation into the Internal Revenue Service’s research activities, including its use of contractors...

Immigrant Parents Are Less Aware of Child Tax Credit Than US-Born Parents and More Likely to Plan to Use It to Invest in Education, Fill Gaps in Child Care and Health Care

October 7, 2021 –

Immigrant parents are less likely to have heard about the expanded child tax credit (CTC) than parents born in the United States, according to a...

Crypto Tax Provision May Prompt Investors to Push Industry for More Compliance Help

October 7, 2021 –

The congressional debate over new tax compliance measures for cryptocurrency investors has primarily focused on two issues—the potential to raise new revenue and what parts...

Individual Taxes

How To Make Retirement Saving Easier For Millions Of Americans

October 6, 2021 –

Saving for retirement is hard for many adults with low-to-moderate incomes and harder still for many Black and Hispanic workers. What policies can make saving for retirement easier for everyone?

Individual Taxes

A Carbon Tax is Not the Solution to Global Climate Change

October 5, 2021 –

The definition of insanity, according to a famous quotation (often mis-attributed to Albert Einstein) is “doing the same thing over and over and expecting different...

Campaigns, Proposals, and Reforms

Clean Energy Tax Credits Can’t Do the Work of a Carbon Tax

October 5, 2021 –

As another season of record-breaking heat, wildfires, and hurricanes unfolds, Congress is debating how to address climate change and fund green infrastructure in its $3.5...

Business Taxes

TPC Answers Two Questions About Its Analysis of the House Ways & Means Committee’s Tax Bill

September 29, 2021 –

After the Tax Policy Center published its new analysis of the House Ways & Means Committee’s budget reconciliation tax plan , commentators asked two questions:...