All Tax VOX

Donald Trumphas proposed allowing all families to deduct average childcare costs on their income tax returns. The details are muddy, but subsidies aren’t generally the best way to help low-income households pay for childcare.  

In their support of Trump, the Republican Party is backing a substantially different tax plan than they were four years ago with Mitt Romney.

When it comes to taxes, how much can they be swayed by perception?

The 2016 Republican Party platform demands that Congress impeach and convict Internal Revenue Service Commissioner John Koskinen. Impeaching the commissioner may be good political theater, but it's bad for the country.

According to the Tax Policy Center, Clinton's tax proposals could cut $1.2 trillion off the national debt within one decade while Trump's proposals could add $11.2 trillion to the debt.

Democratic presidential nominee Hillary Clinton's tax proposals would raise $1 trillion over the coming decade—and nearly all of it would come from high-income households.

In contrast to the Republican platform, the Democrats' tax platform doesn't include many specifics about the party's goal for taxes and does not call for fundamental tax reform.

While he was governor of Virginia, Tim Kaine proposed tax hikes to pay for new government programs and tax cuts for low- and middle-income residents. It’s a combination that closely parallels Clinton's tax proposals for the nation.

Britain's vote to leave the European Union may indicate a growing distrust of experts in advanced countries. In order for trust in research and expert opinion to be restored, transparency in funding and peer review should be standard practices.

In an effort to encourage investors and businesses to think long-term, Hillary Clinton has proposed changing how we tax capital gains.

Though the world economy has changed drastically in the past hundred years, the basic international tax framework has not. Michael Graetz addresses how to handle issues of international tax in a recent talk at Tax Policy Center.

Donald Trump's proposed tax plan could add $11 trillion to federal debt over the next ten years with a revenue reduction that would be the largest in history.

Though policymakers are often consumed with discussing the top tax rate, only one percent of couples are in the 39.6 percent tax bracket. The majority of American incomes are taxed at 15 percent or less.

The Republican platform approved yesterday by the GOP convention is an attempt to merge standard party views on taxes with candidate Donald Trump’s less orthodox positions.

Nearly half of Americans pay no federal individual income taxes, according to the Tax Policy Center.

It is worth considering the Congressional Budget Office’s fiscal forecast, out today, as you think about the campaign promises of Hillary Clinton and Donald Trump. In that context, Clinton’s agenda is merely irresponsible. Trump’s is fiscal madness.

Organizations such as churches are often faced with the choice between tax-exempt status and use of their political voice.

Would you be willing to swap a new, broad-based consumption tax for your employer’s share of the Social Security and Medicare payroll tax?

PROMESA, legislation regarding Puerto Rico's debt crisis, will lend Puerto Rico money for legal and financial consultants and create a Financial Oversight and Management Board. The task at hand now is growing the Puerto Rican economy. 

Washington's metro system is in dire need of repair, but without dedicated funding, where the money for repairs will come from is up in the air.