As Mitt Romney recently noted, about 47 percent of U.S. households do not pay federal income taxes. Some see this as evidence of a welfare state run amok. Others think that gimmicks and loopholes let both rich and poor Americans duck their taxes. This commentary corrects some misconceptions...
In his campaign for the Republican presidential nomination, Mitt Romney has proposed permanently extending the 2001–03 tax cuts, further cutting individual income tax rates, broadening the tax base by reducing tax preferences, eliminating taxation of investment income of most individual...
In his campaign for the Republican presidential nomination, Rick Santorum has proposed permanently extending the 2001–10 tax cuts and further reducing individual income taxes, cutting the corporate income tax rate in half, eliminating the estate tax, and repealing the alternative minimum tax and...
Herman Cain’s plan would eliminate the current individual income tax, corporate income tax, payroll tax, and estate and gift tax and substitute three taxes imposed at a 9 percent rate: a 9 percent “national sales tax,” a 9 percent “business flat tax,” and a 9 percent “individual flat tax.” Based...
Mitt Romney's Tax Proposals: Understanding the Debate
In a contribution to Real Clear Markets, Bill Gale discusses the debate over Romney's tax plan.
Romney Starts to Fill in Blanks on His Tax Plan
In a contribution to CNN.com, Bill Gale discusses the some of the details of Romney's tax plan.
Five Myths About the 47 Percent
As Mitt Romney recently noted, about 47 percent of U.S. households do not pay federal income taxes. Some see this as evidence of a welfare state run amok. Others think that gimmicks and loopholes let both rich and poor Americans duck their taxes. This commentary corrects some misconceptions...
The Romney Tax Plan
In his campaign for the Republican presidential nomination, Mitt Romney has proposed permanently extending the 2001–03 tax cuts, further cutting individual income tax rates, broadening the tax base by reducing tax preferences, eliminating taxation of investment income of most individual...
The Santorum Tax Plan
In his campaign for the Republican presidential nomination, Rick Santorum has proposed permanently extending the 2001–10 tax cuts and further reducing individual income taxes, cutting the corporate income tax rate in half, eliminating the estate tax, and repealing the alternative minimum tax and...
Herman Cain's 9-9-9 Tax Plan
Herman Cain’s plan would eliminate the current individual income tax, corporate income tax, payroll tax, and estate and gift tax and substitute three taxes imposed at a 9 percent rate: a 9 percent “national sales tax,” a 9 percent “business flat tax,” and a 9 percent “individual flat tax.” Based...
Guide to Tables: Governor Pawlenty Tax Plan
This short guide explains how the Tax Policy Center calculated the distributional effects of Governor Pawlenty’s tax reform proposals.