TaxVox: Individual Taxes

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The voices of Tax Policy Center's researchers and staff

Individual Taxes

Will the Retirement of Max Baucus Open the Door to Tax Reform?

April 25, 2013 –
It has become conventional wisdom in Washington that the just-announced retirement of Senate Finance Committee Chairman Max Baucus (D-MT) boosts chances for tax reform in...
Individual Taxes

Update: Senate Will Consider State Remote Sales Tax Today

April 22, 2013 –
Senate Majority Leader Harry Reid (D-NV) plans to bring the Marketplace Fairness Act of 2013 to the floor today for a preliminary vote. The measure...
Individual Taxes

Simplifying Child Care Tax Benefits

April 15, 2013 –
Every year at tax time I am reminded of two tax benefits that subsidize my children’s child care – the employer-provided child care exclusion and...
Federal Budget and Economy

What’s the Mix of Spending and Revenue in the President’s Deficit Reduction Proposal?

April 12, 2013 –
President Obama’s budget identifies a group of policies as a $1.8 trillion deficit reduction proposal. I found the budget presentation of this proposal somewhat confusing;...
Federal Budget and Economy

The President’s Plan to Cap Retirement Saving Benefits

April 12, 2013 –
The president’s FY 2014 Budget would limit tax benefits for workers with high-balance retirement saving accounts. Although critics call the plan a blow to workers’...
Individual Taxes

Taxing Millionaires: Obama’s Buffett Rule

April 11, 2013 –
From the start of his 2008 campaign, President Obama has called for raising taxes on the rich. He got much but not all that he...
Individual Taxes

An Opportunity to Really Fix Social Security

April 9, 2013 –
The White House has put out the word that President Obama’s budget will propose changing the way government adjusts benefits for Social Security and other...
Individual Taxes

Tax Policy Should Consider New Business, Not Small Business

April 8, 2013 –
Small businesses occupy an iconic place in the public policy debate and benefit from a broad range of tax and spending subsidies. But the economic...
Individual Taxes

How Much Will 2013’s Payroll Tax Hikes Cut Your Take-Home Pay?

April 5, 2013 –
2013 is a tough year if you owe payroll tax, as most of us do. Not only did the 2010 payroll tax cut die at...
Individual Taxes

Moving to a Territorial Tax May Not Be the Windfall Multinationals Expect

April 4, 2013 –
House Republicans, former GOP presidential hopeful Mitt Romney, and the chairs of President Obama’s 2010 fiscal commission, Erskine Bowles and Alan Simpson, have all called...