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Tax Policy Center

Tax bills for rich families approach 30-year high

The middle 20 percent of U.S. households - those making an average of $46,600 - will pay an average of 13.8 percent of their income in federal taxes for this year, according to the Tax Policy Center.

Commentary: One part of black history must change

Tax policies must change to create greater equality.

Taxes rising for most people despite fiscal deal

For 2013, households making $500,000 to $1 million would get an average tax increase of $14,812, according to the Tax Policy Center.

Despite deal, taxes to rise for most Americans

For 2013, households making between $500,000 and $1 million would get an average tax increase of $14,812, according to the Tax Policy Center analysis.

Boehner plan ends tax cuts for rich, poor

As a result, about 25 percent of taxpayers making between $10,000 and $20,000 would get tax increases averaging $1,070 next year, according to the Tax Policy Center analysis.

Charitable deduction due for reduction?

For the very wealthy, as the nonpartisan Tax Policy Center explained in a recent paper, the deal is often even sweeter.

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Partners

WASHINGTON: Scandal draws questions about IRS role in enforcing Obamacare

"They won't need any more information on people's incomes than is already on the tax forms."

Scandal draws questions about IRS role in enforcing Obamacare

"They won't need any more information on people's incomes than is already on the tax forms."

Capitol Alert: Dan Walters Daily: Serious tax reform still avoided in California

The Legislature continues to content itself with tinkering around the edges of tax policy rather...

Blogs

Chong says legalized marijuana could save country

The 74-year-old comedian thinks legalizing marijuana on a federal level would offer numerous...

News Summary: Eurozone recession drags on

News Summary: Eurozone recession drags on

US factory output falls 0.4 percent in April

Many economists say a better job market, cheaper gasoline and sustained gains in housing has...

Web

Did IRS target liberal groups for extra scrutiny?

While the head of one left-leaning group says the process of applying for an IRS tax exemption...

Review & Outlook: Democrats and the IRS

Chuck Schumer wanted the agency to probe tax-exempt political groups.

Obama: IRS 'Misconduct Is Inexcusable'

The president addresses improper screening of conservative groups applying for tax-exempt status.