TaxVox: Payroll taxes

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The voices of Tax Policy Center's researchers and staff

Federal Budget and Economy

Trump’s Payroll Tax Holiday Won't Help the COVID-19 Economy. Another Republican Has A Better Idea

April 29, 2020 –
President Trump continues to promote a payroll tax holiday as a piece of the next coronavirus relief bill. The idea fails as either relief or stimulus...

Warren’s Medicare For All “Employer Medicare Contribution” Is A Distortionary And Regressive Tax

November 5, 2019 –
On Friday, Elizabeth Warren released her financing plan for Medicare for All . It is predictably wonky and politically courageous—new spending is way more popular...
Federal Budget and Economy

The TCJA Is Increasing The Share Of Households Paying No Federal Income Tax

September 5, 2018 –
The Tax Policy Center has updated its estimate of the percentage of Americans who pay no federal individual income taxes. And the number is: 44...
Individual Taxes

Immigration Curbs Will Weaken Social Security

February 21, 2018 –
President Trump has proposed deporting hundreds of thousands of immigrants and backed curbs on legal immigration into the US. The president’s aggressive views on immigration...
Individual Taxes

Most Americans Pay More Payroll Tax Than Income Tax

September 6, 2016 –
Americans agonize each spring over their annual federal income tax returns. In terms of how much tax they pay, however, they should worry more about...
Individual Taxes

A Closer Look At Those Who Pay No Income Or Payroll Taxes

July 11, 2016 –
The Tax Policy Center has updated its estimate of the percentage of Americans who pay no federal individual income taxes. And the number is: 44...
Individual Taxes

Busting Political Myths About Federal Taxes

June 9, 2016 –
A new Congressional Budget Office report does a nice job of busting some of the most persistent tax myths of both the political left and...
Individual Taxes

For Most Households, It’s About the Payroll Tax, Not the Income Tax

April 2, 2015 –
While policymakers obsess about the income tax, they often lose sight of an important detail: For two-thirds of households, the levy that matters...
Individual Taxes

A Payroll Tax Math Error Adds $5 Billion To The Deficit

July 1, 2014 –
Nothing gets lawmakers and pundits more outraged than government’s proverbial waste, fraud, and abuse. Nearly always, these stories involve spending...
Campaigns, Proposals, and Reforms

Payroll Tax Cuts May Boost the Economy More than You Think

January 29, 2013 –
Just as Congress allowed the 2011-12 payroll tax cut to expire, new research by the Federal Reserve Bank of New York suggests that such tax...