Tag: ‘Jim Nunns’

Why Individual Tax Revenues Will Grow Even If Congress Doesn’t Raise Taxes

By :: September 3rd, 2015

The other day, I wrote about new Congressional Budget Office estimates that individual income tax revenues are likely to grow significantly over the next decade. A new paper by my Tax Policy Center colleagues Jim Nunns and Jeff Rohaly shows the importance of this trend through the rest of the century and explains in valuable […]

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A Payroll Tax Math Error Adds $5 Billion To The Deficit

By :: July 1st, 2014

Nothing gets lawmakers and pundits more outraged than government’s proverbial waste, fraud, and abuse. Nearly always, these stories involve spending. But taxes are hardly immune. One case of pure waste involves a simple math mistake that will cost the Treasury $5 billion in lost revenue over the next decade. Much of this windfall goes to […]

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Who Pays the Corporate Income Tax?

By :: September 13th, 2012

Who pays the corporate income tax?  It is one of the most vexing questions tax experts face. Now, to keep pace with the latest research, the Tax Policy Center has revised its methodology for figuring where this tax falls. The bottom line: For the first time, TPC assumes that workers bear some of the corporate […]

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Pick Your Poison: VAT or Higher Income Tax Rates

By :: December 5th, 2011

With congressional deficit reduction efforts largely collapsed, the question remains: What are we going to do about the nation’s long-term budget mess? Since any realistic deficit reduction plan will require significant new revenues, is a Value-Added Tax a sensible way for government to raise those extra dollars? In an effort to find out, the Pew […]

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