Debt Limits, Trust, and Optimism

Get ready for the debt limit crisis....

Delaying Required IRA Distributions Again Would Largely Help Only The Wealthy

The House Ways & Means Committee is once again tinkering with the law that requires retirees to take minimum distributions from their individual retirement accounts......

If You Can’t Stand The Heat…

Treasury Secretary Yellen: Threading the needle on inflation....

Should Government Use Tax Incentives to Encourage People to Get The COVID-19 Vaccine?

Tax incentives can encourage action that supports the public good—like lifting children out of poverty, giving to charity, pursuing higher education, or using alternatives to fossil fuels. How abou...

Gaps, Surpluses, And A Retreat

McConnell: No to $4 trillion but maybe yes to $600 billion....

Biden’s Effort to Close the Tax Gap Is Well-Intentioned but Flawed

In his American Families Plan, President Biden unveiled a tax compliance initiative aimed at closing the gap between taxes that are owed and what are......

Will Biden’s Plan to Reduce the Tax Gap by Increasing the IRS’s Budget Raise $300 Billion?

I —among many others —have called for more money for the Internal Revenue Service to enable it to collect even more money owed to the......

Talks, Avoidance, and Details

ISO: A bipartisan infrastructure bill....

A Boom, A Clarification, And Maybe Tax Avoidance?

The US economy boomed in the first quarter of the year....

Avoiding Biden’s Proposed Capital Gains Tax Hikes Won’t Be So Easy. Or Will It?

President Biden’s American Families Plan would make two big changes in the tax treatment of investment income such as long-term capital gains and dividends. Some......