Tax Policy Center

TCJA

: TaxVox

A Cool Tool That Shows How Various Elements Of The TCJA Affect Revenues And Incomes

How did key elements of the 2017 Tax Cuts and Jobs Act (TCJA) affect the after-tax incomes of various income groups? And what would happen...
March 26, 2019Howard Gleckman
: TaxVox

Fixing The TCJA: Restore The Personal Exemption

Now that Democrats have taken control of the House of Representatives, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs...
March 21, 2019Robert McClelland
Individual Taxes: TaxVox

Fixing the TCJA: Restoring The Estate Tax’s Exemption Levels

Now that Democrats have taken control of the House of Representatives, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs...
March 20, 2019Robert McClelland
Individual Taxes: TaxVox

Fixing The TCJA: How Should Congress Treat the Alternative Minimum Tax?

Now that Democrats have taken control of the House, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs Act. There...
March 19, 2019Robert McClelland
: TaxVox

Did the Tax Cuts and Jobs Act Pay for Itself in 2018?

Were you surprised that the 2017 tax overhaul, commonly referred as the Tax Cuts and Jobs Act (TCJA), did not increase revenues in 2018? Probably...
March 13, 2019William G. GaleAaron Krupkin
State and Local Issues: TaxVox

State Revenue Picture in Post-TCJA Era: Joy, Sorrow, and Uncertainty

The Tax Policy Center’s State and Local Finance Initiative’s quarterly “ State Tax and Economic Review ” shows solid revenue growth in the third quarter...
March 12, 2019Lucy Dadayan
: TaxVox

Carolyn Tavenner Has Left the Building: The IRS And Taxpayers Are Worse Off For It

A few weeks back, my colleague Renu Zaretsky wrote about the IRS’s brain drain. As many experienced employees retire or prepare to do so, the...
March 8, 2019Janet Holtzblatt
Federal Budget and Economy: TaxVox

What 2018’s Economic Data Tell Us About The TCJA

We now have a full year of data about the state of the US economy since President Trump signed the 2017 Tax Cuts and Jobs...
March 4, 2019Howard GleckmanAravind Boddupalli
: TaxVox

Treasury Left The Door Open To The 20-Percent Tax Deduction For Pass-Through Businesses

Last Friday, Treasury finalized its regulations for the special 20-percent tax deduction for income from pass-through businesses, which was added by the 2017 Tax Cuts...
January 24, 2019Steven M. Rosenthal
Individual Taxes: TaxVox

The New 1040 Will Fit On A (Big) Postcard, But It Won’t Make Tax Filing Any Simpler

When tax filing season begins in a few weeks, you’ll likely hear senior Trump Administration officials and some congressional Republicans boasting yet again about how...
January 15, 2019Howard Gleckman