TaxVox: Individual Taxes

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The voices of Tax Policy Center's researchers and staff

Individual Taxes

The IRS Is In The Headlines. That Is Not A Good Thing

February 16, 2022 –
Remember the old marketing cliche: “I don’t care what you say about me as long as you spell my name right.” In the Internet age,...
Individual Taxes

Should Congress Trade Temporary Assistance for Needy Families (TANF) For A Child Allowance?

February 15, 2022 –
As Congress struggles to develop a scaled back version of President Biden’s Build Back Better (BBB) plan, some observers (including my TPC colleague Howard Gleckman...
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Individual Taxes

Crypto Tax Challenges Just Keep Growing

February 11, 2022 –
IRS Commissioner Charles Rettig raised some eyebrows when he singled out the growing popularity of cryptocurrency as a big factor behind the sizeable tax gap—the...
Individual Taxes

The Profound Philosophical Disagreement Over The Refundable Child Tax Credit

January 28, 2022 –
Often, tax policy debates can be settled by splitting the difference. You like a tax rate of 28 percent. I prefer 20 percent. Let’s settle...
Individual Taxes

The IRS Made Me File A Paper Return. Then Lost It

January 26, 2022 –
The IRS lost my 2020 tax return. Well, according to the notice I got yesterday, the IRS says it “never received” the return. But I’m...
Individual Taxes

What If Congress Made The Child Tax Credit Taxable?

January 12, 2022 –
As my colleague Elaine Maag noted the other day , Democrats are squabbling again (or is it still) over how to structure the Child Tax...
Individual Taxes

Excise Taxes on Guns and Ammo: Sin Taxes That Don’t Prevent the Sin

January 5, 2022 –
Some state and federal level lawmakers are considering new taxes on guns and ammunition. After all, if you want less of something—like the guns used to commit violence in schools—tax them, right?
Individual Taxes

Should the Child Tax Credit Be Limited to Those with Lower Incomes, As Manchin Prefers?

January 4, 2022 –
In 2021, the Child Tax Credit (CTC), helped nearly all families with children . But this year, because American Rescue Plan (ARP) expansions have lapsed,...
Campaigns, Proposals, and Reforms

Is the TCJA Here to Stay?

December 28, 2021 –
Just based on its sheer size and scope, the Biden administration’s Build Back Better (BBB) agenda was always likely to shrink as it made its...
Individual Taxes

Hill Democrats Shift From Raising To Cutting Taxes On The Merely Rich

December 21, 2021 –
Democrats started this year with President Biden’s proposal to raise taxes on high-income households as a way to help pay for an ambitious social spending...