TaxVox: Tax expenditures (individual)

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The voices of Tax Policy Center's researchers and staff

Individual Taxes

What Will Lawmakers Do If They Can’t Add New Itemized Deductions?

November 28, 2017 –
Despite all their rhetoric about closing special interest loopholes, politicians love nothing more than delivering federal largesse to favored constituents. But with new spending programs...
Campaigns, Proposals, and Reforms

What Happened To The Base-Broadeners In Congress’s Tax Cut Bill?

November 27, 2017 –
Want to know why the individual tax rate cuts in the Senate version of the Tax Cuts and Jobs Act are so small. Or conversely,...
Individual Taxes

Why Repealing the State And Local Tax Deduction Is So Hard

May 30, 2017 –
If you want to know how hard it will be for the Trump Administration and the House GOP leadership to pass a tax bill that...
Individual Taxes

Who benefits from tax expenditures?

September 28, 2016 –
Individual tax expenditures reduced federal revenues by $1.168 trillion in 2015, according to new estimates by the Tax Policy Center. And the biggest share of...
Individual Taxes

Who benefits from tax subsidies for home ownership?

September 14, 2016 –
For decades, Congress has generally used tax subsidies and direct spending to encourage home ownership . For example, the tax code allows itemizers to deduct...
Individual Taxes

The rise and fall of itemized deductions

August 10, 2016 –
This post is part of the Tax Policy Center’s new series, Tax Line , which digs into the data behind the day’s most pressing tax...
US Capitol
Federal Budget and Economy

The Hidden Agenda Behind This Year’s Tax Extender Bill

December 16, 2015 –
While Republican presidential hopefuls were debating in Las Vegas, congressional leaders announced they had agreed to restore and extend dozens of...
taxes
Federal Budget and Economy

Back at the Tax Extender Trough

November 30, 2015 –
For years, Congress has struggled with what to do with scores of temporary tax breaks that have come to be known as the “tax extenders .” The usual...
Business Taxes

The Perpetual, Immortal, Eternal, Never-Ending Tax Extenders

May 28, 2015 –
The magic number for today is 16. That is, remarkably, the number of times Congress has extended the allegedly temporary research and experimentation...
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...