TaxVox: Individual Taxes

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The voices of Tax Policy Center's researchers and staff

Individual Taxes

Same-Sex Couples after DOMA

August 15, 2013 –
It’s been less than two months since the Supreme Court ruled part of the Defense of Marriage Act (DOMA) unconstitutional and the fallout has only...
Individual Taxes

Paying for Corporate Tax Rate Cuts is Hard

August 13, 2013 –
Covering the revenue loss from deep individual income tax rate cuts while maintaining the income tax’s current progressivity is difficult, as Howard Gleckman explained here...
Individual Taxes

Beware of Tax Reform That Promises Deep Rate Cuts

August 8, 2013 –
Two new studies show just how hard a time Congress will have trying to slash tax rates without adding trillions of dollars to the budget...
Individual Taxes

A New Look at State and Local Pension Liabilities

August 7, 2013 –
What if state and local government deficits doubled over night and nobody noticed? That’s what happened last Wednesday when the Bureau of Economic Analysis released...
Individual Taxes

A Summer Update on Tax Reform

August 6, 2013 –
Over the past week, Washington has been filled with news about tax reform—some reflecting necessary but painful truths and some just bad. In no particular...
Individual Taxes

We Make More Than We Think

August 1, 2013 –
How much money do you make? Many Americans know what their wages and salary are. But they might be surprised to know that, on average,...
Individual Taxes

Uncle Sam Is Smaller (Relatively) Than We Thought

July 31, 2013 –
At 8:30 this morning, Uncle Sam suddenly shrunk. Federal spending fell from 21.5 percent of gross domestic product to 20.8 percent, while taxes declined from...
Individual Taxes

Obama’s New Corporate Tax Offer is Another Dead End

July 30, 2013 –
In a speech today in Chattanooga TN, President Obama made congressional Republicans an offer they could refuse. And they did . By doing so, Obama...
Individual Taxes

Court of Appeals Finds a Trade or Business: Could this Mean Higher Taxes for Private Equity?

July 25, 2013 –
The First Circuit U.S. Court of Appeals ruled yesterday that private equity funds are engaged in a trade or business under the Employee Retirement Income...
Individual Taxes

TPC Takes a New Look at Incomes

July 25, 2013 –
The Tax Policy Center has changed the way it calculates income . The new definition, which TPC calls “expanded cash income” or ECI, will raise...