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General Tax Policy

Questions, Answers, and Crackdowns

Where do TCJA benefits come from?...

Most Taxpayers’ Benefits Come Mainly from the TCJA’s Individual Provisions, But the Rich Get Much of Their Tax Cuts from Corporate Changes

The Tax Cuts and Jobs Act (TCJA) affects the after-tax income of households in two ways: directly through the individual income tax and indirectly through......

Governors Talk Taxes in Their State of the State Addresses

It’s difficult to predict where states will end up on tax policy this year given last year’s budget drama and this year’s new federal tax......

“With a little help from my friends.”

“What would you do if I sang out of tune?” Senators are concerned that the president’s budget proposal does not provide enough funding for the IRS to administer the TCJA....

The Price We Pay for Capping the SALT Deduction

The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New......

A Gas Tax, Fiscal Weakness, a Workaround, and Scams

Did the president just promise to back a 25-cent gas tax hike?...

The Fiscal Disarmament Of President Trump and the GOP

President Trump, who sees himself as the toughest guy in the room, is, along with his GOP allies in Congress, disarming the federal government’s ability......

Roses are red, violets are blue. The nation keeps spending, with too little revenue.

The TCJA’s long-term cost could affect the bond market....

“Hey big spender, spend a little time with me.”

President Trump released his budget. It doesn’t balance....

Budget day, and more TCJA winners and losers

The Trump Administration will release its 2019 budget today....

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