TaxVox: Individual Taxes

A Small But Important Change in Retirement Savings Rules

April 27, 2015 –

Earlier this year, the Obama Administration proposed a small and almost unnoticed change in retirement savings rules that could be a big help to...

Individual Taxes

Why The Top 2 Percent Pay Lots of Tax: Evidence from President Obama’s 1040

April 15, 2015 –

The White House released Barack Obama’s 2014 tax return last week. It showed that the President and First Lady paid $93,362 in federal taxes on a...

Individual Taxes

Busting Myths for Tax Day

April 14, 2015 –

Since Tax Day is tomorrow, it seems like a good time to bust a few myths about taxes. Here are five of the biggest misperceptions about the federal...

Individual Taxes

Why Stop At Food Stamps? Let’s Limit Use Of All Federal Benefits

April 13, 2015 –

Missouri State Representative Rick Brattin (R-55) has proposed a bill that would prohibit Missourians who participate in the Supplemental Nutrition...

Individual Taxes

How much does the tax code reduce inequality?

April 10, 2015 –

This post originally appeared on Up Front , the Brookings Institution's blog. There is, for good reason, a lot of focus these days on the widening...

Individual Taxes

What Will Happen To Voluntary Tax Compliance If a Budget-constrained IRS Is Not Fixed?

April 9, 2015 –

Is the IRS such a mess that the nation’s system of voluntary tax compliance is at risk? Will frustrated taxpayers rebel because they can’t get help...

Individual Taxes

Ferguson City Finances: Not the New Normal

April 8, 2015 –

The recently completed US Department of Justice (DOJ) investigation into Ferguson’s police department highlighted “the City’s focus on revenue rather...

Individual Taxes

One Avenue to Bipartisan Tax Reform: Simplification and Improved Tax Administration

April 8, 2015 –

There are many ways to restructure the tax code. Elected officials often fail to detect opportunity when they adhere in a path-dependent way to one...