TaxVox: Federal Budget and Economy

Most AMT Taxpayers Paid Lower Taxes After TCJA, Despite SALT Cap

July 10, 2019 –

A new Tax Policy Center analysis finds that the vast majority of households that paid the Alternative Minimum Tax (AMT) before the 2017 Tax Cuts...

Federal Budget and Economy

CBO Predicts Historic Levels of Debt By Mid-Century

June 25, 2019 –

CBO Predicts Historic Levels of Debt By Mid-Century If the US continues today’s patterns of taxes and spending, the national debt will almost triple as...

Federal Budget and Economy

Seven Think Tanks Describe Their Vision Of Government, And How They’d Fund It

June 13, 2019 –

Yes, you can have an ambitious domestic policy agenda and a nearly balanced budget. You can, at least, if you are a think tank and...

The IRS Data Book Tells A Story of Shrinking Staff, Fewer Audits, and Less Customer Service.

June 7, 2019 –

The IRS published its annual trove of tax statistics Internal Revenue Service Data Book, 2018 on May 20. On its face, the volume is a...

Federal Budget and Economy

Thank You, Alice Rivlin

May 15, 2019 –

Alice Rivlin, who died yesterday at age 88, was a policy legend. She also was a kind, generous, and extraordinarily tough woman. Over more than...

Federal Budget and Economy

The Post-TCJA Economy Continues To Grow

May 7, 2019 –

The beginning of the US economy’s second year under the Tax Cuts and Jobs Act was largely positive, though some troubling signs lurked just beneath...