IRS Funding and Staffing; Possible Tax Increases in Boston
What’s to become of IRA funding of the IRS?
Latest Posts
Shutdown Averted, Congress Heads To Home Districts
Congress agrees to fund the federal government through Dec. 20.
TPC Estimates Impact Of SALT Repeal
TPC: Those making over $430,000 get most of the benefit of a SALT cap repeal.
Repealing The SALT Cap Would Overwhelmingly Benefit Those With High Incomes
Former President Trump’s proposal to repeal the $10,000 cap on the state and local tax (SALT) deduction would cut 2025 taxes by an average of…
Tax Credits for Film, Sales Taxes for Alcohol
The Continuing Resolution continues to move through Congress.
House GOP Unveils Federal Spending Plan
Congress aims to vote on stopgap spending bill ready this week.
What We Need To Know To Judge The IRS’s Effectiveness
The fate of a government agency’s funding is always precarious—and especially so for the Internal Revenue Service, one of the most unpopular federal agencies in…
A Tax Exclusion Is The Worst Way To Help Workers Earning Tips Or Overtime
Donald Trump would exempt overtime pay from tax. Kamala Harris and Trump both agree that tips should be exempt. There are lots of tax exclusions in the tax code, but….
Only Grand Bargains Are Going To Get Us Out Of Our Gigantic Fiscal Mess
Campaigns and political party platforms provide limited policy details. That’s by design: especially in a campaign, politicians tend to accentuate what they will do for…
Here’s A Tip: ‘No Taxes on Tips’ May Be Good Politics But Is Bad Policy
The bipartisan “no taxes on tips” proposal is the most prominent example of a politically attractive soundbite bumping aside sound policy.