Tax Policy Center

Paul Krugman: Why Are 'Centrists' Joining The Cult Of Paul Ryan?

The New York Times | Paul Krugman | Posted 04.09.2012

Read More: Mitt Romney, Paul Krugman, Ayn Rand, Barack Obama, Paul Ryan, House Budget Committee, Tax Policy Center, Politics News

So, can we talk about the Paul Ryan phenomenon? And yes, I mean the phenomenon, not the man. Mr. Ryan, the chairman of the House Budget Committee and ...

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How Long Can Republicans Keep Up Mythical Economics?

Ben Cohen | Posted 04.05.2012

Read More: Tax Policy Center, Mitt Romney, Paul Ryan, Barack Obama, Republican Budget, Economics, Ryan Budget, Trickle-Down Economics, Ryan Budget Plan, Republicans, Politics News

For 30 years, Republicans have espoused an economic theory that has wreaked havoc on America's poor, funneled wealth upwards at an unprecedented rate and brought the economy to the brink of destruction.

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How the Media Enable the Republican Tax Agenda

Michael S. Lofgren | Posted 03.19.2012

Read More: Taxes, Romney Tax Plan, 2012 Election, Tax Policy Center, Elections 2012, Republican Tax Plan, Republicans, Herman Cain 999 Plan, Deficit, Federal Budget Deficit, Tax Cuts, Media News

The media doesn't seem to understand the basics about budgets -- and the inescapable relationship between aggregate revenues, aggregate spending, and total deficits. Either that, or reporters just choose to play dumb.

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Newt's Tax Plan, and Why His Polls Rise the More Outrageous He Becomes

Robert Reich | Posted 02.12.2012

Read More: Super Rich, Newt Gingrich 2012, Federal Budget Deficit, Taxing the Rich, Reducing the Deficit, Tax Policy Center, Deficit Reduction, Corporate Taxes, Newt Gingrich, Election 2012, GOP Candidates, Politics News

Newt Gingrich has done it again. With his new tax plan he has raised the bar from irresponsibility to recklessness.

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Rick Perry Tax Plan Gives Millionaires A $500,000 Tax Break: Study

HuffingtonPost.com | Sam Stein | Posted 12.31.2011

Read More: Republican Presidential Candidate, Perry Millionaires, Video, Millionaires Perry, Rick Perry 2010, Tax Policy Center, Elections 2012, Flat Tax, Republican Presidential Primary, Rick Perry Flat Tax, Tax Reform, Rick Perry, Politics News

WASHINGTON -- Under Texas Governor Rick Perry's tax plan, the U.S. government would lose $995 billion in revenue by 2015 while individuals making more...

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Small-Business Owners Don't Like Ryan's Tax Math

HuffingtonPost.com | Zach Carter | Posted 12.12.2011

Read More: Small Businesses, Taxes, Politics, Small Business, Video, Tax Rates, Economy, Tax Policy Center, Jobs, Obama, Medicare, Paul Ryan, Inequality, Tax Increases, Bush Tax Cuts, Politics News

WASHINGTON -- Joseph Rotella is president and owner of the Spencer Organ Co., a small business with 10 employees that specializes in rehabilitating pi...

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Conservative '53 Percenters' Attack Occupy Wall Street Movement

| Posted 12.12.2011

Read More: 99 Percent, Child-Care Tax Credit, Video, Poverty, Occupy Wall Street, We Are the 99 Percent, Tax Policy Center, Tumblr 99 Percent, Sales Tax, 53 Percent, Bush Tax Cuts, Business News

By Annie Lowrey (View original here) The slogan doesn't exactly sing: "We are the 53 percent!" But this new campaign, a conservative answer to Occu...

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Nearly Half Of Americans Live In Households With Government Aid

WSJ | Sara Murray | Posted 12.05.2011

Read More: Video, Social Security, Food Stamps, Subsidized Housing, Great Recession, Tax Policy Center, Government Benefits, u.s. Census Bureau, Medicaid, Cash Welfare, Wall Street Journal, Business News

By Sara Murray of the Wall Street Journal Families were more dependent on government programs than ever last year. Nearly half, 48.5 percent, of...

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Nearly Half of Americans Exempt From Federal Income Tax

The Huffington Post | Alexander Eichler | Posted 08.28.2011

Read More: Taxes, Working Poor, Income Tax, Federal Income Tax, Hints, Bruce Bartlett, Tax Policy Center, Lucky Duckies, Child Tax Credit, Nonpayers, Farhad Majoo, Republicans, Business News

Nearly half of American tax filers will pay no federal income taxes this year, according to data released by the Tax Policy Center. Some 76 million...

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For Most, Federal Tax Rates For Most Are Lowest Since 1960s: Bruce Barlett

New York Times | BRUCE BARTLETT | Posted 08.21.2011

Read More: Marginal Tax Rate, Taxes, Working Class Poor, Gdp, Middle Class Family, Tax Cut, Tax Policy Center, Government Spending, Income Tax Rate, Tim Pawlenty, Economic Growth, Republicans, Business News

A couple of weeks ago, I discussed the low level of federal taxes as a share of the gross domestic product in the United States, both historically and...

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Why Don't Millionaires Who Want Higher Taxes Just Donate Money To The Government?

HuffingtonPost.com | Arthur Delaney | Posted 08.08.2011

Read More: Deficit, Patriotic Millionaires, Public Debt, Income Inequality, Tax Policy Center, Budget Deficit, Bake Sales, Bush Tax Cuts, Politics News

WASHINGTON -- The self-described Patriotic Millionaires who want the government to close its budget gaps with higher taxes on the rich think it's ridi...

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The Ten States That Profit Most From Sin

24/7 Wall St. | Ashley C. Allen, Charles B. Stockdale, Michael B. Sauter | Posted 07.14.2011

Read More: Lottery, Smoking, States, Addiction, Las Vegas, Vice, Gambling, Tax Policy, Profits, Revenue, Tax Policy Center, Alcohol, Sin, Booze, North American Association of State and Provincial Lotteries, Tobacco, Atlantic City, Business News

From 24/7 Wall St.: As state budgets strain under huge debt loads, they are counting increasingly on "sin taxes", one of the few reliable sources of r...

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America's Richest Taxpayers See Federal Taxes Dramatically Drop

AP | By STEPHEN OHLEMACHER | Posted 06.17.2011

Read More: Social Security, Internal Revenue Service, Tax Policy Center, Tax Day, Tax Filing, Medicare, Super Rich Taxes, US Income Taxes, Irs Rich, Rich Taxes, Business News

WASHINGTON -- As millions of procrastinators scramble to meet Monday's tax filing deadline, ponder this: The super rich pay a lot less taxes than they...

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Is the GOP Looking Out for You?

Mitchell Bard | Posted 05.25.2011

Read More: Auto Bailout, Tax Policy Center, Health Care Reform, Fox News, Hurricane Katrina, Tim Pawlenty, Sharron Angle, Democrats, Tea Party, Global Warming, Barack Obama, Republicans, Federal Education Aid, Bush Tax Cuts, Politics News

Policy debates are a good thing. But what is not useful for democracy is for partisans to knowingly lie about the facts in play to make an argument that plays to their rigid ideological position.

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Do We Need A Tax Bracket For The Super-Rich?

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011

Read More: Super Rich, James Surowiecki, Income Tax, Cato Institute, Tax Rates, Tax Policy Center, Middle Class, Daniel J. Mitchell, Paul Krugman, Bush Tax Cuts, Video, Business News

Should someone who makes $400,000 a year pay the same effective tax rate as someone who makes $40 million a year? In a recent CNBC spot, two analysts ...

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Sacred Tax Cows: It's Them or Us

Edward D. Kleinbard | Posted 05.25.2011

Read More: National Commission on Fiscal Responsibility and Reform, Social Security, Tax Policy, Clinton Administration, Tax Deductions, Tax Policy Center, Politics News

Everyone likes certain tax breaks but we much choose: we can maintain our herd of hideously expensive tax sacred cows, or we can sacrifice them and set the country on the path to fiscal health.

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Federal Income Tax: 47 Percent of American Households Won't Pay Federal Income Tax This Year:

AP | STEPHEN OHLEMACHER | Posted 05.25.2011

Read More: Taxes, Heritage Foundation, Federal Income Tax, Income Taxes, Deloitte, Tax Policy Center, Federal Taxes, Business News

WASHINGTON — Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem. About 47 p...

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Change to Believe in or Focus for Hate-Mongering?

Leo W. Gerard | Posted 05.25.2011

Read More: White House, Tea Party, John Boehner, Crosshairs, Social Security, Civil Rights, Middle Class, Harry Truman, Gallup Poll, Klu Klux Klan, Sarah Palin, Nancy Pelosi, Congressional Budget Office, David Leonhardt, Health Care, Health Insurance Reform, Great Depression, Donut Hole, Republican National Committee, John McCain, Death Threats, Great Stock Market Crash, Congress, Medicaid, Barack Obama, Tax Policy Center, Health Insurance, Health Care Reform, New York Times, Medicare, Income Inequality, Strom Thurmond, Politics News

With their anger and vitriol, Republicans and Tea Partiers are banking on Americans rejecting health insurance reform. But their plan is in peril. Americans appear to be embracing hope and change in health care.

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Rep Ryan's Roadmap Focuses the Mind, But Doesn't Add Up

Howard Gleckman | Posted 05.25.2011

Read More: Roadmap for America's Future, Paul Ryan, Howard Gleckman, Budget, Tax Policy Center, Home News

Representative Paul Ryan's "Roadmap for America's Future" very likely won't achieve his extraordinarly ambitous goals of balancing the budget and elim...

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Of Death Panels and Tax Policy

Harry Moroz | Posted 05.25.2011

Read More: Taxation, House of Representatives, Heritage Foundation, Congress, Estate Tax, Tax Policy Center, Death Tax, Politics News

The estate tax, which applies to transfers of assets to a person's heirs, is in reality little more than a conservative talking point. It is the "death panel" of tax policy and conservatives refer to it as such.

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Millionaires To Reap Two-Thirds Of The Benefits From McCain's Proposed Tax Cuts

The Wonk Room | Pat Garofalo | Posted 05.25.2011

Read More: Tax Cuts, Mccain, Tax Cuts for the Wealthy, Millionaires, Pension and Family Security Plan, Tax Policy Center, Business News

As part of his new economic outline - The Pension and Family Security Plan - Sen. John McCain (R-AZ) has proposed cutting the tax rate on long term ca...

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With New Ads, Obama Pushes Back Against Ugly McCain Campaign

Beverly Davis | Posted 05.25.2011

"First of all politics is a tough business," says McCain. "Second of all, I think the tone of this whole campaign would've been very different if Sen. Obama had accepted my request for us to appear at town hall meetings."

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Cutting Through The Fog

Jared Bernstein | Posted 05.25.2011

Read More: Trickle Down Economics, John McCain, Tax Policy, Tax Policy Center, Tax Cuts, The Economy, John McCain Tax Cuts, Barack Obama, Politics News

The election debate is already off the rails, and misinformation is swirling like balloons at the convention. McCain says he's the big tax cutter and Obama's going to raise your taxes through the roof. That's not just a little bit wrong -- it's a lot wrong.

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