A woman filling out tax forms
All Topics

Taxes

The economic, distributional, and time-burden effects of reforming the tax code.

US Treasury Checks
Scores
Estimated Budgetary, Distributional, and Macroeconomic Effects of “Tariff Dividends”
Default Publication
Scores
Budgetary Effects of Expansion of Employee Stock Ownership Plans
A row of houses in San Francisco
Analysis
Who Would Benefit from Eliminating Capital Gains Taxes on Home Sales?
A block of rowhomes
Reports
The Mortgage Interest Deduction: Options for Reform

This report evaluates four reform options ranging from modest to comprehensive: limiting the deduction to primary residences only, capping deductible interest at $20,000 or $10,000 annually, and full repeal.
Default Publication
Scores
Budgetary and Distributional Analysis of a Progressive AGI Surtax
Default Publication
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Budgetary Effects of Top Marginal Tax Rate Options in the TCJA Context
Form 1040 with a pen and calculator
Scores
The Potential Impact of IRS-ICE Data Sharing on Tax Compliance

The recent data sharing agreement between the IRS and ICE could cause a decline in the share of unauthorized immigrant residents who file taxes, leading to a decline in federal revenues. This analysis attempts to estimate the magnitude of this effect.
Default Publication
Analysis
How Does Current Law Treat International Taxation?

An explainer summarizing the U.S. international tax system.
Digital world map with glowing network connections
Reports
International Tax in the Age of Pillar 2

This analysis examines potential scenarios for U.S. implementation of Pillar 2, ranging from U.S. not implementing while most other countries adopt to full adoption by the U.S., including the Undertaxed Profits Rule (UTPR).
Dollar bills and a calculator over financial statements with charts.
Reports
“Buy-Borrow-Die": Options for Reforming the Tax Treatment of Borrowing Against Appreciated Assets

Current tax law favors borrowing over selling appreciated assets. We explore three targeted reform options aimed at neutralizing this tax preference: treating borrowing as a taxable event, requiring prepayment of capital gains tax at time of borrowing, and a flat tax on certain loans.
A desk covered in stacks of paperwork.
Scores
The Revenue and Distributional Effects of IRS Funding

There is considerable interest in cutting government spending in the putative pursuit of fiscal sustainability. Cutting funding to the IRS, however, greatly reduces revenue collected, far in excess of any savings.
Default Publication
Scores
Budgetary Effects of Modifying the Qualified Small Business Stock Exclusion