TaxVox: Income tax (individual)

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The voices of Tax Policy Center's researchers and staff

Filing Taxes: A Nonresident's Experiences

May 15, 2018 –
Along with over 100 million others, I recently filed my 2017 federal income tax return. This was a special occurrence, because it was the first...

CBO Estimates Imply That TCJA Will Boost Incomes For Foreign Investors But Not For Americans

May 10, 2018 –
Proponents of the Tax Cut and Jobs Act (TCJA) claimed it would boost the US economy and generate higher incomes for the American people. At...
Individual Taxes

Understanding The Appeal Of Claims That “47 Percent” Pay No Income Tax

May 8, 2018 –
It might be the best-known statistic in tax policy: 47 percent of federal tax filing households pay no net federal income tax. After the Tax...
State and Local Issues

How Taxpayers In Each State Will Fare Under the TCJA’s Individual Income Tax Provisions

March 28, 2018 –
The Tax Cuts and Jobs Act will cut individual income taxes for about two-thirds of US households in 2018, by an average of about $1,300...

Conformity and Child Tax Credits: How Idaho’s $100 Million Tax Cut Could Raise Taxes on Large Families

March 21, 2018 –
Idaho Gov. Butch Otter signed a $100 million tax cut last Monday. The bill would reduce Idaho’s individual and corporate income tax rates and lower...

1986 RIP: Different Tax Rates for Different Income Sources

March 16, 2018 –
The 2017 Tax Cuts and Jobs Act (TCJA) was the most far-reaching tax legislation since the Tax Reform Act of 1986 (TRA86). It also put...
Individual Taxes

Using The False Claims Act To Close The Tax Gap

March 5, 2018 –
The IRS estimates that for the years 2008-2010, taxpayers owed but did not pay an average of $458 billion annually in federal taxes —mostly because...
Individual Taxes

Tax Cuts in 2018: Will We Feel Them? Will It Matter?

January 3, 2018 –
With great fanfare Congress just passed a bill to cut taxes by more than $1 trillion over the next decade, and by nearly $220 billion in fiscal 2019 alone. But will regular taxpayers notice?
Campaigns, Proposals, and Reforms

How would the TCJA treat my family? The same, but different

December 6, 2017 –
Just two weeks ago we hosted my parents, siblings, their spouses, and their children for Thanksgiving. We didn’t talk much about the Tax Cuts and Jobs Act (our 15 mouths were too full of food). Maybe we should have.

Many Families with Children Won’t Be Helped By The House Version Of The Tax Cuts And Jobs Act

November 14, 2017 –
President Trump and House Republicans promised families a significant increase in the Child Tax Credit (CTC) . The House Ways & Means Committee’s Tax Cuts...