Posts

Flawed Approach: The Working Families Tax Cut Act as a Response to Inflation

Inflation has adversely affected households and the US economy, but a temporary expansion of the standard deduction is a costly and …

Health Care Workforce Shortages: An Updated Look

This workforce shortage problem is easy to observe, but solutions are harder to come by. State-level policy changes, as opposed to …

President Biden’s Student Loan Forgiveness: The Impact on Individuals’ State Taxes

Using data from the Department of Education’s Federal Student Loan Portfolio and the 2019 Survey of Consumer Finances, we examine the …

President Biden’s Student Loan Forgiveness: The Impact on State Tax Revenues

For those residing in a handful of states, their state income tax bills might be several hundred dollars higher, and their state …

Health Care Jobs Gap Remains Serious

June’s job growth is certainly good news, but we should be more concerned about the health care sector’s near- and long-term …

Charitable Giving Is Good. Be Smart About How to Encourage It

As lawmakers consider making charitable tax benefits available to all taxpayers, they should focus on policy design that increases …

House Reconciliation Bill Adds Some Tax Notches, Removes Others

The tax provisions of the budget reconciliation bill assembled by the House Budget Committee add new notches while removing others.

How Would the U.S. Corporate Tax Burden Compare With Those of Other Developed Nations?

The Biden administration and Democratic lawmakers in Congress are now considering proposals to raise the tax burden on corporations in …

Unintended Consequences: Democrat's Child Tax Credit Will Cost Jobs

A permanent CTC expansion, a goal expressed by many Democratic lawmakers, would have the unintended consequence of reducing employment.

How Will the American Rescue Plan Impact Your 2021 Tax Liability?

The $1.9 trillion American Rescue Plan provides economic relief to households through the tax code. We have created a web application …