Taxes
Latest
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More Analysis of Gov. Romney's Deductions Cap
After we analyzed a part of it two weeks ago, Governor Mitt Romney's tax plan is back in the news, with a proposed deduction cap as the subject of a...
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New CRFB Paper Shows Tax Reform Can Reduce Rates and Deficits
Today, CRFB released a paper on individual income tax reform, showing how comprehensive reforms could lower both deficits and tax rates. The paper...
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JCT Report Does Not Conflict With Rate-Reducing Tax Reform
Today, a report from the Joint Committee on Taxation was released that some claim to show the near-impossibility of deficit-reducing, rate-reducing...
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How the Fiscal Cliff (and Tax Reform) Could Affect Tax Rates
Over at TaxVox, Roberton Williams writes about what will happen to tax rates under the fiscal cliff. Many economists believe that marginal tax rates...
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Reducing Both Tax Rates and the Deficit Is Possible
Over the past few years, bipartisan agreement has begun to form around approaches to tax reform that take a broad approach to reducing or eliminating...
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Revisiting Dynamic Scoring
The use of dynamic scoring is one of the most contested issues in the budget world. We highlighted the pros and cons of using it and the issues...
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Schumer Outlines His Vision for Taxes
In a speech at the National Press Club (video here), Sen. Charles Schumer (D-NY) outlined his vision of how to change the tax code. During the...
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Bob Pozen Offers Corporate Tax Proposal
Much of the focus of broadening the tax base in tax reform is on tax expenditures. However, as both our corporate tax paper and our corporate tax...
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How a Cap on Deductions Might Work
Update: Clint Stretch at Capital Gains and Games sketches out possibilities for base broadening in Gov. Romney's plan. This week, Republican...
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How the Fiscal Cliff Will Affect Taxpayers
UPDATE: Tax Policy Center also has a video in which TPC director Donald Marron walks through their findings. It is no secret that the fiscal cliff...
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Feldstein: Capping Tax Expenditures Is the Way to Raise Revenue
In a Project Syndicate piece, former Chairman of President Reagan's Council of Economic Advisors Martin Feldstein reminds us about another idea to...
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Going Beyond Tax Expenditures
When we talk about tax reform which lowers the rate and broadens the base, the base-broadening portion of the equation usally focuses on tax...