All Tax VOX
- What's in President Obama’s 2015 income tax return?
Like millions of other Americans, President and Mrs. Obama filed their 2015 tax return shortly before the deadline. Unlike most of us, they also posted their return on the White House website for everyone to see.
- The best and worst tax ideas of the 2016 presidential election
An expert panel tackles the most interesting tax ideas of the campaign so far. Some are good. Some are terrible. Some are, well, thought-provoking.
- How Americans learn the wrong lessons from Tax Day
Policymakers should consider how to use the civic obligation of tax filing as an opportunity for civic education about the true structure of the income tax.
- This is the easiest way the US can stop corporate tax dodgers
Congress could close the nation’s tax loopholes without waiting for comprehensive tax reform. And, if Congress does its job right, the US Department of the Treasury could stop patching the corporate tax quilt on its own.
- The case of the hidden import tax
The impact of sales taxes does not always come as a surprise. But there’s another kind of tax whose impact might surprise a lot of us: Tariffs that are imposed on imported goods.
- Obama and Ryan's EITC expansion proposals could penalize marriage for low-income workers
President Barack Obama and Speaker Paul Ryan have proposed similar expansions of the earned income tax credit (EITC) for low-income workers that don't have children. But as designed, their proposals could actually penalize many low-income workers who choose to marry or are married.
- Paul Ryan and the 'ridiculous notion' of tax distribution
Ryan, who became speaker because he is both a strong partisan and a smart man, cleverly conflates two ideas: By raising the notion of 'static distribution,' he describes the growth and distributional effects of tax policy as if they are the same thing. They are not.
- How DC gave you three extra days to file your taxes this year
Thanks to a District of Columbia (DC) holiday, the IRS moved Tax Day back three days to April 18 this year.
- When it comes to taxes, federal tax reformers shouldn't forget the states
While most presidential candidates are proposing big, bold changes to the federal tax code, they seem to be paying little attention to what those revisions would mean for state and local governments. And those implications could be substantial.
- How would Cruz and Trump's tax plans affect new business investments?
Both Donald Trump and Ted Cruz say their tax plans would dramatically boost the economy by reducing taxes on new investment. But which one would be the most generous?
- Britain builds a better soda tax
Britain will soon be introducing a three-tiered structure for taxing sugary drinks, beginning in 2018. How does the Brits' plan differ from those that other governments have implemented?
- Taxes on the rich may change a lot in 2017
It’s good to be rich. Depending on who becomes the next president, it could get a lot better or a lot worse.
- The challenges of modeling presidential tax plans
In modeling presidential tax plans, several things need to be considered, among them the net economic impact of an explicit trade-off of higher taxes for new spending programs and the relationship between tax changes and the overall economy.
- Is your state’s tax system punching above or below its weight?
Revenues are determined by more than policy decisions. A state’s geography, demographics, and economic mix all affect tax collections.
- Clinton and Sanders: two different paths towards taxing the rich
Sanders and Clinton have very different proposals on how they want to tax the very rich among us: a direct model (Sanders) and an indirect model (Clinton).
- Complicated families: complicated tax returns
Individuals in non-traditional family structures are finding that their tax returns are becoming increasingly complicated.
- The perils of tax incentives for economic development
Many states are turning to tax incentives as one way to boost income in a still-rough economy. But they aren't the only thing that can help.
- What's in Hillary Clinton's tax plan?
Secretary Clinton would boost federal revenues by $1.1 trillion over the next decade. But those changes would make the tax code more complex, especially for high-income households, and reduce incentives to work, save, and invest.
- Tax filing issues don't just affect consumers
Alphabet, Inc. -- Google's parent company -- faces issues with its international tax practices. Meanwhile, tax filers may face a new kind of phishing scam during filing, and what's next for carbon taxes.
- What was in Cruz and Rubio's tax returns?
Ted Cruz and Marco Rubio released summaries of their tax returns this weekend. Meanwhile, cyberattacks against taxpayers are on the rise, and what's the deal with the financial transaction tax?