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Clinton and Sanders Face Off Over Who Should Pay for New Social Programs

Hillary Clinton and Bernie Sanders both want to create ambitious new government programs to help middle-income families with medical and education costs and family leave. Both say they’d pay for those...

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If Banning Negligent Low-Income Households From Taking Tax Credits Is Such a...

Congress has banned more low-income families who file erroneous tax returns from receiving refundable credits. If lawmakers think this is such a terrific idea, why stop at low-income households? For...

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Clinton's Caregiver Credit Adds To Her List of Tax Breaks, Sharpens Her...

The contrast couldn’t be more stark, and it seems to be getting stronger. The likely Democratic presidential nominee, Hillary Clinton, would aggressively use the tax code to achieve social and economic...

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Little Difference Between the Cadillac Tax and a Cap on the Tax Exclusion for...

In the face of widespread criticism of the Affordable Care Act’s excise tax on high-cost employer sponsored health insurance plans (the Cadillac Tax), some lawmakers have backed an alternative: a cap...

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New Estimates Of How Many Households Pay No Federal Income Tax

The Tax Policy Center has updated its estimate of the percentage of households that will not pay federal income tax this year. We now figure it is 45.3 percent, nearly 5 percentage points higher than...

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Why Individual Tax Revenues Will Grow Even If Congress Doesn’t Raise Taxes

The other day, I wrote about new Congressional Budget Office estimates that individual income tax revenues are likely to grow significantly over the next decade. A new paper by my Tax Policy Center...

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Scott Walker’s Replacement for the ACA Would Leave Many Uninsured

GOP presidential hopeful Scott Walker’s plan to replace the Affordable Care Act is built on a controversial framework of tax subsidies that Walker estimates would cost about $1 trillion over 10 years....

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Clinton Would Tinker With, Not Rewrite, the Tax Code

While many Republican presidential candidates are promoting their versions of broad-based tax reform, Democratic frontrunner Hillary Clinton so far seems disinterested in fundamentally restructuring...

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States That Cut Taxes Do So At Their Peril

Ever since the 1970s, when Jude Wanniski and Arthur Laffer came up with the ideas that are now referred to as supply-side economics, conservative politicians have been unable to resist the siren song...

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How Did the Gas Tax Lose Its Mojo, Even Among Conservatives?

With just a few days left before federal funding for highway programs expires, the Senate is debating all sorts of amendments to an extension-- from export subsidies to the Affordable Care Act. But...

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Who Benefits Most From Repealing the ACA Cadillac Tax?

Republicans and some Democrats in Congress are pressing to repeal the Affordable Care Act’s Cadillac tax—a 40 percent excise tax on high-cost employer-sponsored health insurance plans. Backers of...

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Should The IRS Become a Consumer Agency Instead of a Tax Cop?

In her latest report to Congress, IRS Taxpayer Advocate Nina Olson made the provocative suggestion that her agency completely rethink its mission: “It should transform itself as a tax agency from one...

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Who Benefits the Most from an Across-the-Board Cut in Individual Tax Rates?

Just about every tax reform plan calls for cutting individual tax rates. But it turns out that a one percentage point across-the-board rate cut would benefit only about six out of 10 households. The...

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Combined Tax Rates and Creating a 21st Century Social Welfare Budget

In testimony yesterday before a joint hearing of two House subcommittees, I urged Congress to modernize the nation’s social welfare programs to focus on early childhood, quality teachers, more...

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How to Pay Zero Taxes on Income of Millions of Dollars

Remember when people complained that hedge fund managers and private equity firm owners paid a lower tax rate than many workers? Or when Warren Buffett said he shouldn’t pay a lower rate than his...

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Rand Paul’s Tax Cut Isn't Quite What It Seems

Unlike those GOP presidential hopefuls who say their tax reforms would raise the same amount of money as the current tax code, even when their actual proposals would not, Senator Rand Paul isn’t being...

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How Many Americans Get Government Assistance? All of Us

The other day, the Census Bureau put out a new report that concluded about one-in-five Americans received government benefits in 2012. But the study, called Dynamics of Economic Well-Being:...

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A Redesigned Earned Income Tax Credit Could Encourage Work by Childless Adults

The earned income tax credit (EITC) lifts millions of working families out of poverty, but provides little support to workers without children and some low-wage workers married to other low-wage...

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Marco Rubio Wasn't the Only One Who Cashed Out an IRA Last Year

It is easy to mock Senator Marco Rubio, who cashed out $68,241 in IRA retirement funds last September. The GOP presidential hopeful, who made about $230,000 last year, told Fox News he needed the dough...

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Are GOP Presidential Candidates Downplaying Tax Cuts Or Hiding The Ball?

Last week, I blogged on the many GOP presidential candidates who are talking about tax reform rather than tax cuts. This week, tax historian Joe Thorndike published a rebuttal on the Tax Analysts blog...

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