TaxVox: Fundamental reform proposals

Congress Could End Tax Breaks for Gifts to Non-Profits with Political Agendas

August 29, 2022 –

The New York Times reported that Chicago businessman Barre Seid donated his entire business, tax free, to the Marble Freedom Trust, a tax-exempt advocacy organization...

Individual Taxes

Biden’s New Taxes for Billionaires: One Is Hard, One Is Easy

March 31, 2022 –

This week, President Biden proposed two new taxes on the very rich. A minimum income tax that Biden calls a billionaire tax but would in...

Individual Taxes

A Carbon Tax is Not the Solution to Global Climate Change

October 5, 2021 –

The definition of insanity, according to a famous quotation (often mis-attributed to Albert Einstein) is “doing the same thing over and over and expecting different...

Campaigns, Proposals, and Reforms

Clean Energy Tax Credits Can’t Do the Work of a Carbon Tax

October 5, 2021 –

As another season of record-breaking heat, wildfires, and hurricanes unfolds, Congress is debating how to address climate change and fund green infrastructure in its $3.5...

Campaigns, Proposals, and Reforms

Biden Would Raise Taxes Substantially for High Income Households and Corporations, Cut Taxes for Families with Children, According to A New TPC Analysis

June 9, 2021 –

Nearly all of President Biden’s proposed tax increases would be borne by the highest income 1 percent of households--those making about $800,000 or more—according to...

State and Local Issues

Critics Argue The Property Tax Is Unfair. Do They Have A Point?

March 9, 2020 –

Last month, an Idaho lawmaker called the property tax “ inherently evil ” and suggested the state repeal it and replace the foregone revenue with...

What Do Federal Taxes Have To Do With Your Public Transit?

March 2, 2020 –

At a recent forum on infrastructure, Democratic presidential candidates Joe Biden, Pete Buttigieg, Amy Klobuchar, and Tom Steyer discussed their proposals to bolster spending on...