Taxes provide the revenue that finances government programs at all levels, with income and payroll taxes the largest federal revenue sources. Under the graduated tax system in the United States, those with larger incomes generally are taxed at higher rates than those with lower, but special tax breaks and loopholes can create complexity and inequity.
Tax Policy in 2014: Two Developments That May Set The Table For the Future
December 22, 2014, William G. Gale
Major tax reform is always unlikely, but it has occurred in the past and many political leaders seem motivated to pursue it this year, says Bill Gale. How 2015 goes will determine how we end up thinking about 2014.
U.S. Economic Performance
The Federal Budget
Opinion | Tax Policy Center
December 18, 2014, William G. Gale
Interview | Bloomberg Radio
December 16, 2014, Mireya Solís
December 16, 2014, Elizabeth Kneebone and Natalie Holmes
Paper | Tax Policy Center
December 12, 2014, Benjamin H. Harris and Lucie Parker
December 12, 2014
December 11, 2014, John Hudak
December 10, 2014, Fred Dews
December 5, 2014
December 5, 2014, Benjamin H. Harris and Lucie Parker
Opinion | Real Clear Markets
December 3, 2014, Isabel V. Sawhill
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The Urban Institute
The Center is made up of nationally recognized experts in tax, budget and social policy who have served at the highest levels of government. TPC provides timely, accessible analysis and facts about tax policy to policymakers, journalists, citizens and researchers.
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William G. Gale
Co-Director, Urban-Brookings Tax Policy Center
Director, Retirement Security Project
Co-Director, Center on Children and Families, Budgeting for National Priorities
Senior Fellow, Economic Studies
Isabel V. Sawhill
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