The Treasury Department reported this week that the federal budget deficit for fiscal year 2018 increased by $113 billion, or 17 percent from 2017, resulting...
Professor James Mirrlees passed away last month at age 82. The Nobel prize-winning economist was a leading public finance theorist who emphasized the optimal design...
The Tax Policy Center’s newly released baseline tables tell a nuanced and somewhat paradoxical story. For over a decade, legislative changes and real income growth...
During primary season in 2000, I came upon my boss—a longtime Democratic insider—reading John McCain's tax plan. “It’s really good,” he said, and a lot...
Back in the presidential campaign, candidate Donald Trump promised to eliminate the national debt in eight years. This goal was never plausible, even before Congress...
The Tax Cuts and Jobs Act (TCJA) created a new tax-advantaged Opportunity Zone program to encourage investments in economically-distressed communities that are nominated by governors...
