A Newborn Tax Credit Could Be Worthwhile, With Sound Administration
Democratic presidential nominee Kamala Harris has vowed to make permanent temporary expansions to the child tax credit (CTC) and earned income tax credit (EITC) enacted…
Month: August 2024
Trump And Harris Efforts To Fight Inflation Are Unlikely To Succeed
GOP presidential candidate Donald Trump is making inflation-fighting a key policy plank in his campaign. The problem: Many of his specific policy prescriptions would make…
Harris Backs $5 Trillion In Tax Increases On Wealthy, Corporations
Democratic presidential nominee Kamala Harris confirms support of Biden’s tax proposals.
Tipped Workers, Their Income Taxes, and States
Both Democratic presidential nominee Kamala Harris and Republican presidential nominee Donald Trump have pledged to exempt tip income from taxes if elected. Our TPC colleague Howard Gleckman has written about….
VP Harris Releases Her Economic Plan
Harris proposes expanded child tax credit and housing assistance.
TPC: Trump Tariffs Would Raise Household Taxes And Slow Imports
A worldwide 10 percent tariff and a 60 percent tariff on Chinese goods proposed by Republican presidential candidate Donald Trump would lower average after-tax incomes…
We Know More, But Not Enough, About The Tax Treatment of Asian American Families
Researchers have shown how the tax system can reinforce disparities between households of different races or ethnicities, even though the Internal Revenue Code does not…
How The End Of Ever-Bigger Government Still Disrupts Politics World-Wide
President Bill Clinton famously declared in his 1996 State of the Union address, “ The era of big government is over .” He didn’t get…
Harris Also Backs Untaxed Tips
Vice President Harris supports the elimination of taxes on tips for service and hospitality workers.
Could A Bigger Tax Credit Boost Employer-Provided Child Care?
While the Kaine-Britt proposal seeks to encourage and reward businesses to provide onsite child care, increasing the supply of child care might need solutions beyond the tax code.