Donald Trump

Those Making $450,000 And Up Would Get Nearly Half The Benefit Of Extending the TCJA

Households making about $450,000 or more would receive more than 45 percent of the benefits of extending key provisions of 2017 Tax Cuts and Jobs...

July 8, 2024Howard Gleckman

Federal Budget and Economy: TaxVox

CBO’s Latest Budget Estimates May Make Extending The TCJA More Complicated

The Congressional Budget Office’s latest fiscal update is filled with terrifying numbers: The projected deficit for this fiscal year will hit 7 percent of Gross...

June 24, 2024Howard Gleckman

Individual Taxes: TaxVox

Untipped: Why Trump’s Tax Cut Promise Would Hurt Many Service Workers

Former President Trump’s proposal to exempt all tips from federal tax would benefit few tipped workers and hurt many. Tax-free tips might help a relatively...

June 17, 2024Howard Gleckman

Business Taxes: TaxVox

Biden’s Tariffs Conflict With His Environmental Goals

Slowing climate change has been a signature issue for President Biden. But Biden also has been an ardent booster of American manufacturing. Recently, he imposed...

May 22, 2024Howard Gleckman

Federal Budget and Economy: TaxVox

How Zero-Sum Thinking May Affect Attitudes About Taxes

Do you think about the world as “zero-sum,” where resources are limited and my gain is your loss? Or do you believe that resources are...

April 19, 2024Howard Gleckman

Business Taxes: TaxVox

What Trump’s 100 Percent Auto Tariff Would Mean For The US Economy

In a March 17 campaign speech, former president Trump vowe d “We're going to put a 100 percent tariff on every single car that comes...

March 28, 2024Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Conservatives Lay Out Their Second Term Trump Tax Policy

A policy agenda developed by influential conservative groups for a second Donald Trump presidential term already has received attention for its controversial immigration recommendations ...

February 29, 2024Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Trump Vows To “Always Protect Social Security” But What Does He Mean?

Former President Trump is blasting GOP primary rival Nikki Haley for wanting to restore Social Security solvency by increasing the age when today’s young workers...

January 22, 2024Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Tim Scott’s Withdrawal Silences The GOP Presidential Campaign’s Tax Debate

Sen. Tim Scott’s (R-SC) decision to drop his bid for the Republican presidential nomination means voters have lost their best opportunity to hear a serious...

November 14, 2023Howard Gleckman

Federal Budget and Economy: TaxVox

Buckle Up. 2025 Promises To Be An Historic Year In Tax And Budget Policy

Now that Congress has passed the Fiscal Responsibility Act (FRA) of 2023 , it isn’t too soon to start thinking about the mess lawmakers have...

June 7, 2023Howard Gleckman