TaxVox: Economic effects of tax policy

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...

A Cool Tool That Shows How Various Elements Of The TCJA Affect Revenues And Incomes

March 26, 2019 –

How did key elements of the 2017 Tax Cuts and Jobs Act (TCJA) affect the after-tax incomes of various income groups? And what would happen...

Fixing The TCJA: Restore The Personal Exemption

March 21, 2019 –

Now that Democrats have taken control of the House of Representatives, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs...

Individual Taxes

Fixing the TCJA: Restoring The Estate Tax’s Exemption Levels

March 20, 2019 –

Now that Democrats have taken control of the House of Representatives, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs...

Did the Tax Cuts and Jobs Act Pay for Itself in 2018?

March 13, 2019 –

Were you surprised that the 2017 tax overhaul, commonly referred as the Tax Cuts and Jobs Act (TCJA), did not increase revenues in 2018? Probably...

State and Local Issues

State Revenue Picture in Post-TCJA Era: Joy, Sorrow, and Uncertainty

March 12, 2019 –

The Tax Policy Center’s State and Local Finance Initiative’s quarterly “ State Tax and Economic Review ” shows solid revenue growth in the third quarter...

Federal Budget and Economy

James Mirrlees, A Public Finance Giant

September 20, 2018 –

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...