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Experts
Fixing The TCJA: Restore The Personal Exemption
March 21, 2019
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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
"Let Me Tell You About The Very Rich. They Are Different From You And Me.”
March 18, 2019
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F. Scott Fitzgerald wasn’t talking about the way they make their money, or the taxes they pay, but he could have been. According to a...
Individual Taxes
There Are Better Ways To Tax The Rich Than A Wealth Tax Or A 70 Percent Top Rate
February 4, 2019
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Taxing the rich is suddenly all the rage among many of the Democratic party’s highest profile politicians. There is a better way to do it....
Business Taxes
Raise the 15 Percent Tax Rate on Capital Gains To Boost Revenue In A Progressive Way
October 11, 2017
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Republican leaders have several challenges to overcome before they can pass a big tax bill. Here are two: (1) They need revenue to pay for...
Individual Taxes
Caught Again By The AMT
May 12, 2017
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Like many of the five million tax filers who must pay the Alternative Minimum Tax (AMT), I am trapped. I wrote a big check to...
Individual Taxes
Do High State Taxes Drive Away Millionaires? Not Really
May 26, 2016
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Liberals and conservatives have been arguing for years over whether high taxes drive away those with high-incomes. Do millionaires flee from high-tax...
Individual Taxes
Why One Hedge Fund Manager Really May Be Leaving New Jersey
May 6, 2016
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The New York Post recently reported that hedge fund manager David Tepper is going to “ destroy New Jersey ” by moving to Florida. He will do this,...
Individual Taxes
Why The Top 2 Percent Pay Lots of Tax: Evidence from President Obama’s 1040
April 15, 2015
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The White House released Barack Obama’s 2014 tax return last week. It showed that the President and First Lady paid $93,362 in federal taxes on a...
Individual Taxes
How much does the tax code reduce inequality?
April 10, 2015
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This post originally appeared on Up Front , the Brookings Institution's blog. There is, for good reason, a lot of focus these days on the widening...
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