All Tax VOX

Wealthy people might do well to consider being very generous this month and giving very large gifts at today’s bargain tax prices, Williams writes.

While some investors would be hurt by the accelerated dividend payouts, many low- and middle-income taxpayers could benefit, Williams writes.

Tens of millions of Americans will face a huge tax increase when they file their 2012 tax returns early next year from the expiration of the temporary increase in exemption levels under the alternative minimum tax, Toder writes.

With income tax deduction caps among the ideas considered in the fiscal cliff debate, the challenge becomes to raise revenue without discouraging giving, Gleckman writes.

The expiration of the payroll tax cut would increase taxes by $115 billion in 2013, Maag writes, yet President Obama and others have been strangely silent – arguing instead about the fate of the 2001-2003 tax cuts.

Politicians can fight over whether some households should be exempt from tax increases, Gleckman writes, but can they at least stop claiming that 98 percent of us are middle-class?

Fiscal cliff talk has been mostly focused on what would happen to the federal budget and the national economy. But what impact would the fiscal cliff have on individual states?

When Congress has tough decisions to make, they trot out euphemisms like fiscal cliff, tax loopholes and entitlements, Gleckman writes.

Democrats and Republicans may say they're far apart, but both sides are looking for a deal on the fiscal cliff, Gleckman writes.

With his reelection Tuesday, President Obama faces a second term full of painful choices on issues ranging from the fiscal cliff to Medicare and Medicaid, Gleckman writes.

Gleckman asks: How do both presidential candidates get away with dodging critical fiscal issues on the campaign trail? We let them, he answers.

Howard Gleckman offers a breakdown of Republican presidential candidate Mitt Romney's proposed tax plan.

Gleckman offers a description of what President Barack Obama has pledged to do on tax policy if he is reelected president in November.

A crucial safety net for low- and moderate-income families is jeopardized as the nation hurtles towards the fiscal cliff, Maag writes.

President Obama and GOP candidate Mitt Romney have very similar tax plans, Gleckman writes, but there are some key differences.

The campaign of GOP presidential candidate Mitt Romney has criticized the Tax Policy Center for new research that provides evidence that a deduction cap is a pretty good, though insufficient, idea, Gleckman writes.

Capping deductions would raise revenue in a highly progressive way but how much revenue and how progressive depend on the cap, Williams writes.

Gleckman takes a closer look at a new analysis of tax reform by the Joint Committee on Taxation. His perspective may offer some relief to tax reformers.

Romney has proposed about $5 trillion in specific, gross tax cuts over the next decade relative to current policy, most but not all of which would go to high-income taxpayers. He has also promised to offset a substantial portion of those cuts—presumably in the trillions of dollars—by reducing deductions and other tax breaks.

Under Mitt Romney's tax plan, an across-the-board cut would allow the top 1 percent to pay less in taxes, as Obama charges. But they could still pay the same overall share, as Romney claims, if taxes go down for everyone.