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Tax Analysts Blog

Tax Analysts is an independent, nonpartisan policy organization dedicated to tax systems through an open, informed, and expert understanding of federal, state, and international tax policy.

Kansas Shows How Not To Design A Tax Cut, Not That All Tax Cuts Are Bad

The great supply-side experiment is over. After years of cratering revenues and hard choices about spending cuts, the Republican-controlled Legislature has pulled the plug on Republican Gov. Sam Brownback’s 2012 tax program. Both the Kansas House and Senate overrode Brownback’s veto June 6 by wide majorities. Already commentators are rushing to declare all tax cuts obsolete as a result of Kansas’s experience, but that would be a gross overreaction to what actually happened.… Read more

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The Federal Gas Tax Is Old — And Broken

The federal gas tax turns 85 today – pretty respectable for an excise but nothing compared with federal levies on alcohol and tobacco, which first appeared in 1789. 

Still, the gas tax is looking less spry than it once did. As the principal source of revenue for the Highway Trust Fund, the gas tax has an important task to accomplish: ensuring that the nation’s infrastructure keeps pace with a growing economy.… Read more

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New AHCA CBO Report Changes Very Little

The Congressional Budget Office released its updated analysis of the American Health Care Act (AHCA), giving Democrats new ammunition to attack the bill and making some Republicans even more nervous about the consequences of healthcare reform in the 2018 midterm elections. But given what the CBO said about the bill, it’s clear that very little has changed since the first report in March.… Read more

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The Clock Is Ticking For Tax Reform

For most of the year, Republicans have said that passing healthcare reform and presidential involvement in the process could make tax reform much easier. In the last two weeks, President Trump released a tax plan and the House passed a repeal-and-replace bill by a narrow margin. Unfortunately, it’s not all that clear that either of these events will actually help the GOP accomplish anything on taxes.… Read more

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Why A VAT Is A Poor Substitute For A Corporate Tax

As the House Republican blueprint’s destination-based cash flow tax comes under increasing attack from retailers and opponents, the GOP and other would-be tax reformers are looking at other options. And it probably shouldn’t be shocking that a federal VAT is among the choices to potentially replace the corporate tax in any major tax reform effort.… Read more

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