Joe Biden

What Will a Narrow Democratic Congress Mean for Joe Biden’s Tax Agenda?

With improbable Democratic wins in both Georgia Senate runoff elections, President-elect Joe Biden has an opportunity to govern with a congressional majority—though one that will...

January 6, 2021Howard Gleckman

Individual Taxes: TaxVox

Families Can Use the Child Care Tax Credit to Pay for Informal Day Care, But the System Can Be Improved

The COVID-19 pandemic is changing the face of child care.

December 30, 2020Elaine Maag Nikhita Airi

: TaxVox

TaxVox’s Lump of Coal Award For The Worst Tax Policy Ideas of 2020

It goes without saying that 2020 was an awful year. Bad tax policy didn't make it much better.

December 22, 2020Howard Gleckman

Federal Budget and Economy: TaxVox

Should We Worry About The Long-Term Federal Debt In An Era of Low Interest Rates?

For decades, conventional wisdom said that high levels of federal debt created a significant drag on the economy by diverting money that could more productively...

December 7, 2020Howard Gleckman

Federal Budget and Economy: TaxVox

Will COVID-19 Relief Talks End Differently This Time?

By embracing a $908 billion bipartisan pandemic relief plan , congressional Democratic leaders may have jump-started long-dormant talks over short-term economic aid. A nudge by...

December 3, 2020Howard Gleckman

Individual Taxes: TaxVox

Key Questions Biden Will Need to Answer About His First-Time Down Payment Tax Credit

There are many benefits to a first-time homebuyer tax credit, such as the one proposed by President-elect Joe Biden. However, the transition from the...

November 30, 2020C. Eugene Steuerle

Campaigns, Proposals, and Reforms: TaxVox

Treasury Pick Yellen Likes Carbon Taxes and More Pandemic Relief, But Not The TCJA

Janet Yellen, president-elect Joe Biden’s pick for Treasury Secretary, would come to the job with largely predictable views on tax policy for a mainstream, center-left economist.

November 24, 2020Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Biden Proposed Raising Social Security Payroll Taxes By $740 Billion…And Still Got Elected President

An amazing thing happened in this year’s presidential election. A major party candidate proposed raising Social Security payroll taxes. And won.

November 17, 2020Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Could a Divided Congress Approve Biden’s Ambitious Tax Agenda? Maybe More Than You Think

The conventional wisdom is that President-elect Joe Biden’s ambitious tax agenda will die in a GOP Senate, but some elements could pass.

November 9, 2020Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

TPC Revises Its Revenue Estimate of Biden’s Tax Plan Downward to $2.1 Trillion Over 10 Years

The Tax Policy Center has revised its analysis of former Vice President Joe Biden’s tax plan. TPC’s new analysis finds Biden’s tax proposals would raise...

November 6, 2020Mark J. Mazur