All Tax VOX
The cost of the Bush tax cutsJeb Bush has been cautious about claiming his tax plan is a tax cuts, but the economists around him have not. The side-effects of the proposed cuts could be dramatic.
Childcare tax subsidies miss many poor familiesCongress created two tax benefits to help offset work-related childcare expenses-- the Child and Dependent Care Tax Credit (CDCTC) and the employer-provided childcare exclusion. Neither helps many of those parents who struggle the most to pay for childcare.
Jeb Bush gets high marks for transparencyAt first glance, GOP presidential hopeful Jeb Bush’s tax reform plan is a standard lower-the-rates, broaden-the-base overhaul of the revenue code. But a closer look shows a something-for-everyone stew filled with interesting ingredients—most basic GOP fare but seasoned with a few surprising ideas.
Save money by doing these DIY projects yourselfThese DIY projects can be done for minimal costs and maximum benefit.
Bush's tax plan has aspects both old and newJeb Bush has offered up a concrete tax plan, a new move for this early in the campaign.
What's in Jeb Bush's tax plan?It is the time of year for new tax plan proposals. Jeb Bush, Puerto Rico, India, and more have all proposed tax plan changes.
If at first you don't succeed, try, try, again.Tax plans, state budgets, and marriage bonuses. These briefs will help keep you up to date on what to watch in the following days.
Why individual tax revenue will grow even if Congress doesn't raise taxesWith income growing faster than inflation and myriad other factors, real tax creep will result in individual tax increases whether or not Congress officially raises taxes.
Call for tax code simplicity is fairly quietMany of the presidential candidates are vocally supporting tax reform and a simplified tax code, but citizens don't appear to be taking note.
Could carbon tax prevent dramatic climate change?President Obama has painted a grim picture of what the world looks like if climate change is not addressed. One solution might be a carbon tax.
CBO sees a surge in individual income tax revenues over next decadeTax season might be getting worse for many as individual income tax revenue raises. Payroll and corporate income taxes will likely stay the same.
Recovery cannot save state budgets from politicsThe economy is recovering and state tax revenues are growing, giving states greater flexibility in their budget decisions. However, the biggest problem with state budgets appears to be political.
Scott Walker's proposed health care plan misses the pointScott Walker's new replacement plan for the Affordable Care Act is already coming under fire. Here is why many feel it won't help the people who need it most.
What tax moves will Scott Walker or Hillary Clinton make if elected?Scott Walker has slashed taxes while in office in Wisconsin, and Clinton has given little hint as to what she might do with the tax code if elected. Those stories, plus other tax news out of Washington this week.
New rules will require states to be more transparent about tax subsidiesNew rules mean greater transparency for State tax subsidies. Although the new rules don't mean full disclosure, states will now be required to disclose many of the details surrounding lucrative tax subsidies.
Evading online sales tax is too easyOnline sales tax is a gray area for states and hard to enforce. While some believe in following the rules, others have a hard time voluntarily paying taxes. Many don't even realize they owe tax.
Why did Scott Walker commit $400 million for an NBA arena?Scott Walker claims that committing $400 million in Wisconsin taxpayers' money to help build a new arena for the NBA's Milwaukee Bucks will yield an enormous return on investment. He's wrong.
How Hillary Clinton would tinker with taxesHillary Clinton so far seems disinterested in fundamentally restructuring the tax code. Instead, she’d retain the framework of the current tax law, while tweaking the code to encourage--or discourage--certain activities.
Marco Rubio wasn't the only one who cashed out an IRA last yearMarco Rubio cashed out nearly $70,000 in IRA savings last year, but he's not the only 40-something draining a retirement account. Leaks in retirement savings are common – worryingly so among low-income and minority savers.
Is Mike Huckabee's FairTax actually fair?Presidential candidate Mike Huckabee recently defended his proposed 'FairTax', a national retail sales tax that would replace all federal taxes, on Fox News. The actual fairness of Huckabee's proposed tax toward lower-income families is a little more complicated.
