tax progressivity

: TaxVox

Would Wealth Taxes Solve Wealth Inequality?

Democracies become oligarchies when wealth is too concentrated. So begins a letter by Berkeley economists Emmanuel Saez and Gabriel Zucman about presidential candidate Bernie Sanders’...

January 15, 2020Janet Holtzblatt

Federal Budget and Economy: TaxVox

James Mirrlees, A Public Finance Giant

Professor James Mirrlees passed away last month at age 82. The Nobel prize-winning economist was a leading public finance theorist who emphasized the optimal design...

September 20, 2018Mark J. Mazur

: TaxVox

Despite the Tax Cuts and Jobs Act, the Federal Tax System is Becoming More Progressive Over Time

The Tax Policy Center’s newly released baseline tables tell a nuanced and somewhat paradoxical story. For over a decade, legislative changes and real income growth...

September 18, 2018Eric Toder

: TaxVox

The Price We Pay for Capping the SALT Deduction

The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New...

February 15, 2018Tracy Gordon

Individual Taxes: TaxVox

Is It Time To Rethink The Scale and Progressivity of the Tax System?

Is the US tax code both too small and too progressive? That’s the argument of Alan Viard and Sita Nataraj Slavov of the American Enterprise...

October 25, 2016Howard Gleckman

Individual Taxes: TaxVox

Federal Taxes Are Very Progressive

The US federal tax system is highly progressive, primarily because individual income tax rates rise sharply with income and refundable tax credits lead to negative...

August 11, 2016Roberton C. Williams

Federal Budget and Economy: TaxVox

Rubio Tries to Triangulate Tax Policy

Newly declared GOP presidential hopeful Senator Marco Rubio is trying something truly (Bill) Clintonesque—navigating between the demands of his party’s base and a more centrist, forward-looking political agenda. Nowhere is it more obvious than in tax policy. And nowhere is the road ahead more risky

April 16, 2015Howard Gleckman