Yesterday, the tax subgroup of the President's Economic Recovery Advisory Board (PERAB) met to discuss ideas for simplifying the tax code as part of reform. Video from the meeting is available here:
Time is running out to save the Social Security retirement trust fund from insolvency in less than six years and a 22% across-the-board benefit cut. Luckily, there are plenty of options available for...
We estimate reforms to charitable tax deductions could generate $20 billion while increasing giving, or $115 billion with little impact on giving, based on a new study from the Tax Policy Center. As a...
Social Security beneficiaries will receive a 3.6% cost-of-living adjustment (COLA) in 2027, based on today’s inflation data. This COLA will be 0.8 percentage points higher than last year’s 2.8% COLA...
