Senior Fellow Eugene Steuerle suggests what ought to be done with expected surpluses, given the unlikelihood of a tax cut during the fiscal year in which he writes.
This paper examines the evolution of marginal federal income tax rates from 1980 to 1995. Those rates fell dramatically for most taxpayers. In 1980, three-quarters of taxpayers faced statutory tax rates above 15 percent, but by 1995, less than one-quarter of taxpayers were in that situation. The...
The debate over Social Security reform is awash with numbers on changes in tax rates, benefit reductions, and saving patterns required to bring the system into balance for the long run. In this article, Senior Fellow Eugene Steuerle skips around the more elaborate calculations and presents the...
Senior Fellow Eugene Steuerle applies a possible set of standards and principles for the development of child care tax policy to key controversial issues surrounding child care in this column.
Previous theoretical analyses of the capital gains tax have suggested that investors have considerable opportunity to avoid the tax. Yet, past empirical work found little evidence of such activity. Though confirming past findings that avoidance of tax on realized capital gains is not prevalent,...
The Congressional leadership that crafted the Taxpayer Relief Act of 1997 wants the tax system to be so simple that taxpayers can fill out a tax form on a postcard. Judging by some of the choices they made in the new law (with lots of help from the President), they had in mind a postcard the...
Spending Future Surpluses: A Return to Normalcy?
Senior Fellow Eugene Steuerle suggests what ought to be done with expected surpluses, given the unlikelihood of a tax cut during the fiscal year in which he writes.
Pension and Saving Incentives By the Bushel-Load
Senior Fellow Eugene Steuerle lays out the complexity of the variety of pension plans offered by policymakers.
Six Tax Laws Later
This paper examines the evolution of marginal federal income tax rates from 1980 to 1995. Those rates fell dramatically for most taxpayers. In 1980, three-quarters of taxpayers faced statutory tax rates above 15 percent, but by 1995, less than one-quarter of taxpayers were in that situation. The...
Simple Arithmetic Driving Social Security Reform, The
The debate over Social Security reform is awash with numbers on changes in tax rates, benefit reductions, and saving patterns required to bring the system into balance for the long run. In this article, Senior Fellow Eugene Steuerle skips around the more elaborate calculations and presents the...
Systematic Thinking About Subsidies for Child Care (Part 3 of 3)
Senior Fellow Eugene Steuerle applies a possible set of standards and principles for the development of child care tax policy to key controversial issues surrounding child care in this column.
Systematic Thinking About Subsidies for Child Care (Part 2 of 3)
Senior Fellow Eugene Steuerle offers a set of standards and principles to guide the development of child care tax policies.
Systematic Thinking About Subsidies for Child Care (Part 1 of 3)
This column represents the first in a series that attempts to think systematically about tax and expenditure policy directed toward child care.
Capital Gains Taxation and Tax Avoidance
Previous theoretical analyses of the capital gains tax have suggested that investors have considerable opportunity to avoid the tax. Yet, past empirical work found little evidence of such activity. Though confirming past findings that avoidance of tax on realized capital gains is not prevalent,...
Big, Big Postcard
The Congressional leadership that crafted the Taxpayer Relief Act of 1997 wants the tax system to be so simple that taxpayers can fill out a tax form on a postcard. Judging by some of the choices they made in the new law (with lots of help from the President), they had in mind a postcard the...
What Are Those Tax Forms Going to Look Like?
Senior Fellow Eugene Steuerle paints a picture of future complexity offered by new tax breaks.