Categories
Politics

Comparing the Revenue and GDP Effects Of Republican Candidates' Tax Plans

Stephen J. Entin | Tax Foundation We have modeled the economic effects of seven tax plans released by seven of the Republican Presidential candidates. (links please) This blog provides a convenient side-by-side comparison of the GDP and federal revenue estimates in the seven plans. The numbers are for the ten years of the budget window, […]

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Politics

American Migration in 2015

released an annual study tracking the inbound and outbound American migration of states based on its client’s requests. For the third year, Oregon led the country with most inbound moves. Sixty-nine percent of moving requests for that state brought new individuals to Oregon. The results are part of a longer trend. New York has experienced […]

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Politics

The Twelve Most Important Provisions in the Latest Tax Bill

Scott Greenberg | Tax Foundation Earlier today, the House of Representatives passed a 233-page tax bill (the PATH Act), which includes over $620 billion in tax reductions for families and businesses. The provisions are a mixed bag: some are principled, sound tax policy, while others are giveaways to narrow interests. Notably, the bill renews all […]

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Politics

Five Tax Issues to Look Out for in Today’s CNBC Debate

Alan Cole | Tax Foundation In the past year, Tax Foundation has conducted detailed analysis of tax plans from a half dozen presidential candidates, and it has further analyzed the public statements of every candidate in the race in order to keep track of how the tax debate is shaping up so far. Tonight’s Republican […]

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Politics

Trump Tax Plan Is a Large Tax Cut for the Middle Class

Alan Cole | Tax Foundation Presidential candidate Donald J. Trump released his tax plan on Monday, and we released our analysis on Tuesday. When we analyze tax plans, we do it to help guide an accurate conversation about the revenue and distributional effects of the substantive proposals put forward by candidates. To that end, I […]

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Politics

How Much Does Your State Collect in Excise Taxes Per Capita?

State and local governments depend on many different types of taxes, one of which is known as an excise tax. Like general sales taxes, excise taxes are paid on the purchase of an item. But unlike sales taxes, excise taxes are collected on specific types of transactions, not a wide range of general goods. Some […]

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Energy and Environment

Clean Energy Credits Mostly Benefit the Wealthy, New Study Shows

Scott Greenberg | Tax Foundation Every public policy benefits some people more than others – and energy policy is no exception. A new paper from Severin Borenstein and Lucas Davis, two professors at UC Berkeley, examines which taxpayers benefit most from tax credits for clean energy: “Since 2006, U.S. households have received more than $18 billion […]

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Politics

John Oliver Set Up His Own “Church” to Make a Point about the Tax Code

Scott Greenberg | Tax Foundation “Praise be to the IRS, that most permissive of government agencies,” is a phrase that presumably had never been uttered by anyone – until last Sunday night, when television comedian John Oliver delivered a twenty minute monologue about the tax status of churches in the United States. Sunday’s episode of […]

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Economics

Restoring Solvency to the Social Security Retirement Program

Social Security is Turning 80 August 14th marks the 80th anniversary of the signing of the Social Security Act by President Franklin Roosevelt in 1935. The program has done much to alleviate poverty among the elderly. Unfortunately, the system itself is showing its age. The Old Age and Survivors Insurance program (OASI, retirement benefits) is […]

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RSN Pick of the Day

The GOP Debate – Miserable Irrelevancy

[clickToTweet tweet=”#GOPDEBATE NO REAL QUESTION ASKED, ASK THESE QUESTIONS .@realDonaldTrump .@tedcruz .@ScottWalker” quote=”Why were not clear cut questions asked of the candidates about federalism and states rights, about the role of the Fed in booms and busts, about immigration magnets, about the courts usurpation of the people’s right to define marriage, about self-defense vs. world […]