Tax Policy

The Capital Gains Tax and Inflation

By ·August 13, 2018
Brandeis University

The Issue:

The United States Treasury Department is reportedly studying whether it can issue regulations that would allow taxpayers to account for inflation when calculating taxes on capital gains. Such a change has been considered in the past. Taxing savings, like taxing any economic activity, distorts the functioning ...
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Tax Reform Threatens Infrastructure Investment

By ·December 26, 2017
Brandeis University

The Issue:

During the 2016 presidential campaign and after his election, President Trump promised to lead an upgrade in our nation’s infrastructure. In February 2017, President Trump announced that he would ask Congress to approve programs designed to stimulate $1 Trillion in infrastructure investment. At least ...
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Do Current GOP Tax Reform Proposals Resemble Reagan’s Tax Reforms?

By ·November 29, 2017
Kennedy School, Harvard University
(This is an interactive graph. Hover your cursor over the chart area for more)

The Issue:

President Donald Trump has invoked the experience of the Reagan Administration's tax reforms to promote the current Republican tax reform proposals. "Republicans and Democrats came together to cut taxes for hardworking families ...
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How Proposed Changes in State and Local Tax Deductions Matter for Public Schools

By ·November 9, 2017
McCourt School of Public Policy, Georgetown University

The Issue:

Public K-12 education depends almost completely on state and local funding. But, the federal government makes it easier to raise the funds necessary to pay for public education by allowing taxpayers to deduct their state and local taxes from their federal taxable income. Current tax reform plans by both ...
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Would Cutting Corporate Taxes Raise Workers’ Incomes?

By ·October 26, 2017
Reed College

The Issue:

Although many details of tax reform are still to be fleshed out, lowering the corporate income tax rate from 35 percent to 20 percent is a central component of the proposals by Congressional Republicans and the Trump Administration. A recent report by the Trump administration's Council of Economic Advisers ...
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Will Tax Reform Have an Impact on Charitable Giving?

By ·October 5, 2017
Texas A & M University

The Issue:

Giving by individuals accounts for nearly three-quarters of charitable giving in the United States, over $280 billion in 2016. Changes to tax policy can have an effect on the incentives individuals and households face when making the decision of how much to give to charity. The U.S. tax code currently ...
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