The bipartisan “no taxes on tips” proposal is the most prominent example of a politically attractive soundbite bumping aside sound policy.

Campaigns and political party platforms provide limited policy details. That’s by design: especially in a campaign, politicians tend to accentuate what they will do ...

Negotiations are underway to fund the government after Oct. 1.

Donald Trump would exempt overtime pay from tax. Kamala Harris and Trump both agree that tips should be exempt. There are lots of tax exclusions in the tax code, but this form of tax subsidy is ...

Only a handful of all employees and fewer than 60 percent of tipped workers would benefit from proposals to exempt gratuities ...

Spending bill fails in the House. Speaker Mike Johnson (R-LA) brought a short-term spending bill to the floor yesterday, but it failed to secure the votes needed for passage. Funding for the federal ...

Trillions of dollars of unrealized capital gains permanently escape taxation, disproportionately benefitting the richest ...

Tune in at 10:00 am for “The Tax Cuts and Jobs Act of 2017: Lessons learned and the debate ahead.” ...

The global minimum tax is yet to have much impact on US companies. A Bloomberg Tax analysis finds only four of the 100 largest US multinational companies thus far have reported material impacts from ...

Table shows the change in the distribution of federal taxes, by expanded cash income level in 2025, of an option to exclude ...

https://www.taxpolicycenter.org/sites/default/files/publication/166049/ster_2024q1.pdf ...