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Why Romney and Obama Pay the Taxes They Pay

By now, many readers of TaxVox know how much Barack Obama and Mitt Romney pay in taxes. But true tax wonks are more interested in why the candidates paid what they paid. A new infographic from the Tax...

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How a Delay in the Debt Limit Will Change America’s Fiscal Politics

By now, you know the great taxmageddon story: At the end of the year, a lame duck Congress and a new or newly re-elected president will face the confluence of three extraordinary challenges—the...

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How Much Revenue Would a Cap on Itemized Deductions Raise?

In last night’s debate, Mitt Romney repeated the idea that he could pay for much or all of the 20 percent rate reduction and other tax cuts in his tax plan by capping itemized deductions at $25,000. He...

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Understanding TPC’s Analysis of Limiting Deductions

The Tax Policy Center’s new tables showing the revenue and distributional effects of capping itemized deductions have received a great deal of attention since we released them on Tuesday. Our results...

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