All articles from Howard Gleckman

Tax VOX Shocker: Paul Ryan's budget means more big tax cuts for the rich.

The tax cuts in Paul Ryan’s 2013 budget plan would result in huge benefits for high-income people and very modest—or no— benefits for low income working households. No surprise here.
Tax VOX Why Ryan's budget is music to Democrat's ears

Paul Ryan may not have intended it, but his 2013 budget is the strongest argument I’ve seen for why any serious fiscal plan must include new revenues.
Tax VOX Ryan's mystery meat budget

House Budget Committee Chairman Paul Ryan (R-WI) released a fiscal plan that promises trillions of dollars in tax cuts and a nearly balanced budget within a decade, but never says how he'd get there.
Tax VOX Time to end Washington's trust fund gimmicks

In theory, it makes sense to establish special accounts where designated revenues are set aside for a specific purpose. But in practice, Washington is grossly abusing the idea.
Tax VOX Gas prices should be higher

In an election year, President Obama may be the last guy who wants gas prices to rise. However, if we want to reduce our need for foreign oil, slow climate change, and encourage development of new energy technology, we ought to be raising taxes on fossil fuels. A lot.
Tax VOX How will Romney pay for his tax cuts?

Romney is promising both massive tax cuts and a balanced budget, but it's unclear how he will pay for either.
Tax VOX Two good books on tax reform

If you want a good read on individual or corporate tax refprm, pick up one of these new titles.
Tax VOX How will Romney account for billions of lost revenue?

Romney rolled out a new tax proposal after many Republicans blasted his initial plan as too cautious. His plans to cut income tax rates by 20 percent and eliminate the Alternative Minimum Tax sound appealing, but he offers no specifics on how he'll offset the billions in lost revenue.
Tax VOX Romney's new tax cuts are a deficit nightmare

Romney wants to reduce individual tax rates by 20 percent across the board. Sounds good, but it would increase the deficit to the tune of $3 trillion.
Tax VOX Obama and GOP: What's holding up corporate tax reform?

Obama and GOP leaders are in agreement on many corporate tax reform policies. But on the question of how foreign earnings of U.S.-based multinationals should be taxed, the gap remains wide.
Tax VOX Why GOP candidates would make the national debt worse

Which Republican Presidential candidates would successfully eliminate the deficit and national debt? According to a new analysis from the non-partisan Committee for a Responsible Federal Budget, none of them would.
Tax VOX Obama's business tax reform: A good start

The president's Framework for Business Reform does a great job in identifying what's wrong with the way businesses are taxed. But the cure for those problems leaves a lot to be desired.
Tax VOX Payroll tax cut full of budget gimmicks

There are two gimmicks happening here. Both are functions of the 10-year budget window the Congressional Budget Office and the Joint Committee on Taxation use to score legislation.
Tax VOX Why Congress actually failed on payroll tax

After months of squabbling, it looks as if Congress is about to extend a “temporary” tax cut for another 10 months, borrowing $100 billion to do it. That would be OK if this was just a short-term stimulus.
Tax VOX Obama's budget: What it means for your tax bill

When it comes to taxes, Obama's budget is long on principles but woefully short on statistics.
Tax VOX Should states use tax breaks to woo seniors?

State competition to provide tax breaks to older residents, especially wealthy seniors, is similar to the way states use tax subsidies to woo businesses. It may not make much sense, but it sure is trendy.
Tax VOX What tax reform would mean at the state level

Congress could go a long way towards fixing the federal system without destroying state revenue codes—but only if reform is done carefully.
Tax VOX What is a 'value-added tax' and what can it mean for the economy?

A well-designed Value-Added Tax, a national consumption levy that would tax household purchases of all goods and services, could simplify the tax code for most households and finance significant reductions in corporate and individual income tax rates without adding to the budget deficit.
Tax VOX What GOP returns teach us about taxing the rich

The Romney and Gingrich returns tell us a lot about the way those with incomes of $1 million or more are taxed, and how they structure their lives to minimize taxes. But mostly, they tell us that all those who make $1 million-a-year are not alike. Most of them are surprisingly like the rest of us, only more so.
Tax VOX Obama’s tax deform agenda

In his State of the Union address, President Obama offered a laundry list of new tax subsidies but said almost nothing about a top-to-bottom rewrite of the Tax Code.