TaxVox: Income tax (individual)

RSS

The voices of Tax Policy Center's researchers and staff

President Biden’s No Tax Hike Pledge Problem

March 24, 2021 –
Nobody making under 400,000 bucks would have their taxes raised. Period. Bingo. – Joe Biden, May 22, 2020 Enacting good tax policy is hard under...
Individual Taxes

Are The American Rescue Plan’s Tax Cliffs Really Such A Big Deal?

March 23, 2021 –
Are American Rescue Plan’s Tax Cliffs Really Such A Big Deal? Economists hate cliffs. But the tax cliffs in the ARP may not be so bad.
Individual Taxes

Biden’s Pandemic Relief Bill Is One of The Biggest One Year Tax Cuts in Modern US History

March 16, 2021 –
Talk about playing against type: The tax cuts in President Biden’s American Rescue Plan (ARP) are among the biggest one-year tax reductions in modern US...
Federal Budget and Economy

Pandemic Bill Would Cut Taxes by An Average of $3,000, With Most Relief Going to Low- And Middle-Income Households

March 8, 2021 –
Pandemic bill would Cct taxes by an average of $3,000, with most relief going to low- and middle-income households, according to a new TPC analysis...
Federal Budget and Economy

Congress Could Make COVID-19 Relief Payments Fairer, Less Costly, and More Stimulative

February 11, 2021 –
Republicans and some leading economists have raised concerns about the cost, fairness, and stimulative effects of proposed cash payments in the pandemic relief legislation Congress...
Individual Taxes

What Do You Think About Taxes?

February 3, 2021 –
We’re one month into 2021. There’s a pandemic, an economic slump, and a new president and vice president. Congress is considering another pandemic relief bill and may address new tax proposals too. And tax season starts next week. There’s no time like the present to ask my friends and family what they think about taxes!

There Are Ways Congress Could Better Target A New Round of Pandemic Relief Payments

January 26, 2021 –
Congressional Republicans and some Democrats are urging lawmakers to better target President Biden’s $1.9 trillion plan for new pandemic relief. And they are right: It...

TaxVox’s Lump of Coal Award For The Worst Tax Policy Ideas of 2020

December 22, 2020 –
It goes without saying that 2020 was an awful year. Bad tax policy didn't make it much better.

What Trump’s Tax Returns Reveal About Wealth Inequality and Slower Economic Growth

October 19, 2020 –
The New York Times account of President Trump’s tax returns reveal far more than his personal ability to avoid taxes.
Individual Taxes

COVID-19 Is Changing The Labor Market. Tax Policy Must Change Along With It.

October 13, 2020 –
The coronavirus recession has dealt a devastating blow to millions of US workers with consequences that could persist for years.