Just How Big is the Payroll Tax Cut?
The 2-percentage-point payroll tax cut extended by Congress in December and again last week will save workers a total of $114 billion this year, according to the Joint Committee on Taxation. Spread...
View ArticleBuffett Rule Revenue
Critics of the Buffett Rule often argue that the idea is hardly worth the trouble since it would raise taxes on less than a tenth of one percent of Americans and generate less than $5 billion a year....
View ArticleVotes and Consequences
With Congress away, the Daily Deduction will not publish for the rest of the week. We’ll be back as usual on Monday, December 1. Happy Thanksgiving! In California, a tax increase breeds a budget...
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Rand Paul’s Tax Cut Isn't Quite What It Seems
Unlike those GOP presidential hopefuls who say their tax reforms would raise the same amount of money as the current tax code, even when their actual proposals would not, Senator Rand Paul isn’t being...
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How would Trump’s tax cuts affect different taxpayers?
If you'd like to take a break from the made-for-TV thrills of the Republican convention, TPC has prepared a series of bite-sized explanations of Donald Trump's tax plan. We'll be running them daily...
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