All Tax VOX
Last night's presidential debate highlighted competing visions on taxesDonald Trump believes that cutting taxes on business and high-income households will generate growth. Hillary Clinton believes the answer lies in helping middle-income families by taxing rich individuals and companies. Both are probably wrong.
Trump’s childcare tax breaks would benefit families who need them leastDonald Trump has proposed a new childcare plan, which is a revised version of an idea he introduced in August that mostly benefits high-income families.
Tax Policy Center and Wharton School partner to score major tax plansThe scoring system will help illuminate how tax changes affect the overall economy and the federal budget.
Who benefits from tax subsidies for home ownership? The rich.In 2016, about one-fifth of households will benefit from home ownership-related tax deductions. However, over 85 percent of those in the top 1 percent will enjoy these tax breaks while fewer than one-in-20 in the bottom 40 percent will benefit.
Trump's ever-changing tax plan changes againDonald Trump introduced a revision of his tax policy this week that ditches more of his most ambitious, costly, and controversial ideas.
- How dead citrus trees beat tax reform every time
Given a choice between protecting real constituents and financial contributors or approving rate cuts that do no-one special favors, lawmakers choose Door Number One.
For whom the interstate tolls: It may toll differently for theeTwenty-four hours in a minivan with one husband, two kids, and a large dog can drive a woman to ... think, a lot, about efficiency and fairness. No, not about which of the adults should do most of the driving. I thought about highway tolls with the E-ZPass system.
Most Americans pay more payroll tax than income taxIn terms of how much tax they pay, people should worry more about the payroll taxes their employers withhold from every paycheck.
Bob Goodlatte’s internet tax bill is no solutionHouse Judiciary Committee Chair Bob Goodlatte proposed his latest version of a bill to clarify when and how states can impose sales taxes on online and catalogue sales. It is … odd.
Could the EU’s Apple tax reboot corporate tax reform in the US?The EU's ruling has generated a swift backlash from the US high-tech industry, US policymakers across the political spectrum, and from Ireland itself. Yet, for all the howling, it might open the door for long-awaited US tax reform.
Donald Trump’s tax proposals could double the trade deficitRepublican presidential contender Donald Trump often expresses dismay about the US trade deficit, which he ties to the loss of good paying middle class jobs. The issue is more nuanced than Mr. Trump suggests.
Pass-through businesses and Trump’s plan to cut their taxes?Donald Trump’s proposal to cut the tax rate to 15 percent for pass-through businesses, such as partnerships and S corporations, would overwhelmingly benefit high-income taxpayers.
- The real reason Trump should release his tax returns
Any privacy concerns Donald Trump may have as a businessman are now outweighed by the public's right to take full stock of him as a presidential candidate.
Clinton proposes tax simplification for small businessThe measures aren’t especially dramatic, and are unlikely to garner many headlines, but they have the potential to make tax filing vastly easier for owners of small firms.
Trump's tax plan gets fuzzier and fuzzierBack in the day, when Soviet-era Russian apparatchiks fell out of favor, they’d become non-persons and even be removed from old group photos. That’s what’s happened to Donald Trump’s tax plan from last September.
Giving Olympians a special tax break wins the gold medal of bad ideasDespite what Congress wants you to believe, a bill making Olympic medals and cash awards tax free would do almost nothing to help truly struggling athletes.
Making America's debt great againDonald Trump's tax reform plan would drain government coffers of revenues. Coupled with his promise to avoid cuts to Social Security and Medicare – two big parts of the budget – it would boost public debt to all-time record levels.
What Clinton’s 2015 income tax return tells usThe Clintons are rich, pay a lot of taxes, and are more generous than average for people in their bracket.
Mike Pence is an experienced tax cutterIn just three years as governor, Republican vice presidential nominee Mike Pence successfully pushed proposals to cut income taxes, corporate taxes, personal property taxes, and completely eliminate the state’s inheritance tax.
Federal taxes are very progressiveThe Tax Policy Center projects that effective federal tax rates this year will range from 3.5 percent for households in the lowest-income quintile (or fifth) to 33 percent for those in the top 1 percent.
