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General Tax Policy

How To Avoid A Shutdown And A Default Without Really Trying?

Expect House action this week on the debt ceiling and government funding. But how?...

One Vote Down, Many More To Go

House Ways & Means completes its markup of Chairman Neal’s tax bill....

Effective Income Tax Rates Have Fallen for The Top One Percent Since World War II

While average effective tax rates barely changed in the US from 1945 to 2015, the average tax rates of high-income households fell sharply—from about 50......

Families Planned to Use Child Tax Credit to Pay Bills but Some Were Confused About Eligibility

Starting in July, many parents began receiving monthly payments of the Child Tax Credit (CTC). A new IPSOS survey as well as Urban Institute interviews......

A Big Bill, A Distributional Analysis

Chairman Neal’s tax bill: Big, bold, with hits and misses....

Budget Bill Markup Continues

Moving a tax bill....

Neal’s Tax Bill Is Big And Bold, With Hits and Misses

The most important thing to know about the tax bill proposed by House Ways & Means Committee Richard Neal (D-MA) is that it’s big. The......

A Big To-Do List Awaits Congress’ Return

Ways & Means Democrats release their tax plan....

Keeping Child Tax Credit Fully Refundable Is Critical to Low-Income Families

As Congress debates whether to extend the major, but temporary, changes to the Child Tax Credit (CTC) it adopted earlier this year, a crucial question......

Was The Senate’s Heated Crypto Tax Reporting Debate Much Ado About Nothing?

When Congress debates major legislation, the public often focuses on a single narrow issue—one frequently irrelevant to the main point of the bill. It happened......

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