Republican congressional leaders and President Obama sharply disagree over how to deal with the impending “fiscal cliff.” But a successful plan shouldn’t be that hard to put in place. Here are six ways Washington can avoid the “fiscal cliff.”
Reducing tax rates is a guiding principal of most tax reform plans. But how much does Treasury lose when Congress reduces individual tax rates, and which taxpayers benefit the most from the cuts?
A poll, taken in the midst of tax season, finds that 58 percent of those surveyed think filling out their tax forms is “easy.” Only 38 percent say it is “hard.” Here's the catch: more people are filing their taxes with the help of a professional service.
For the 10 biggest tax expenditures, there's a great variation among the benefits. The rich get an outsized share of the subsidy from some, while low-income households enjoy most of the benefits of others
Earlier this week, Utah Senator Mike Lee unveiled the Family Fairness and Opportunity Tax Reform Act. Elaine Maag examines the plan which proposes tax cuts to families with children.
Cutting tax rates is a good idea in theory, but it is very, very difficult to pull off, Gleckman says.
Paul Ryan's tax play mimics the tactics of the 2012 campaign, Gleckman writes, promising tax reform built around wildly ambitious but gauzy rate reductions without a word about how to pay for them.
We technically “went over” the fiscal cliff at midnight yesterday, Rogers writes, and yet here we are today celebrating more extended tax cuts.
TaxVox's Lump of Coal Awards covers a broad swath of fiscal policy missteps for the year.