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See below to learn more about our model estimates of legislative proposals, our Briefing Book — the encyclopedia of taxes — and our state fiscal data repository.
About the Tax Policy Center | Tax Policy Center
The Urban-Brookings Tax Policy Center aims to improve tax and fiscal policy decision-making by producing independent, timely, and accessible analysis. We are best known for our microsimulation model, which predicts how a policy proposal will affect people of different income levels, ages, and with ...
About the Tax Policy Center
The Urban-Brookings Tax Policy Center produces independent, timely, and accessible analyses of current and longer-term tax issues. Our goal is to help the public, the media, and policymakers make informed decisions about critical fiscal issues and support better policy outcomes.
A $20,000 SALT Cap Would Be Costly And Mostly Benefit High …
5 days ago · A new Tax Policy Center analysis finds that raising the cap to $20,000 would increase the federal debt by about $225 billion from 2025-2034, assuming all expiring provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are extended permanently. Nearly all the benefit would go to households making about $200,000 or more.
Unpacking the TCJA: Who Benefits and Who Loses from Extending …
Dec 19, 2024 · Next year, nearly all of the individual provisions of the 2017 Tax Cuts and Jobs Act (TCJA) will expire unless Congress acts. Congressional scorekeepers have estimated that fully extending the TCJA would cost $4.6 trillion over ten years. The Tax Policy Center has shown that, on average, all income groups would get a tax cut relative to current law, but higher-income …
TaxVox - Tax Policy Center
A new Tax Policy Center analysis finds that raising the cap to $20,000 would increase the federal debt by about $225 billion from 2025-2034, assuming all expiring provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are extended permanently.
Individual Taxes - Tax Policy Center
Jun 13, 2024 · Alternative minimum tax (AMT) Capital gains and dividends Charitable giving Child tax credit (CTC)/Child and dependent care tax credit (CDCTC) Consumption taxes (individual) Earned income tax credit (EITC) Education Estate, gift, and inheritance taxes Health care High-income households Homeownership Income tax (individual) Low-income households Marriage …
Research | Tax Policy Center
Research. TPC experts analyze tax policy proposals to see how they would affect different groups of people, revenues, and the economy. We also assess how the tax code can be used to achieve economic or social policy outcomes.
Statistics - Tax Policy Center
Our Statistics page provides tax information for citizens, policy analysts, legislators, and the press. Data are compiled from a variety of sources, including the Urban Institute, Brookings Institution, Internal Revenue Service, the Joint Committee on Taxation, the Congressional Budget Office, the Department of the Treasury, the Federation of Tax Administrators, and the Organization for ...
Tariffs, Tax Debt, And Billionaires | Tax Policy Center
US to apply tariffs to steel and aluminum shipped from Mexico but made elsewhere. The Biden administration announced the tariffs this week, which aim to prevent China from avoiding levies by routing their goods through other trading partners. For materials crossing the southern border, there will be a 25 percent tariff on steel not melted or poured in Mexico and a 10 percent tariff …