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Middle-Bracket Rate Cut

We estimate the budgetary, distributional, and economic effects (relative to current law) of lowering the marginal tax rate for the current 22 percent individual income tax bracket to 15 percent, beginning in tax year 2020. We consider a scenario in which this rate is permanently lowered and a scenario in which it is allowed to revert to 25 percent beginning in tax year 2026, as scheduled under current law.

A Carbon Tax of $30 per ton

We estimate the budgetary and economic effects of a new carbon tax of $30 per ton of emissions, which is enacted on January 1st, 2021, rising by inflation plus 5 percent through 2050.

Raising the Social Security Taxable Maximum

We estimate the budgetary, economic and distributional effects of raising the OASDI taxable maximum to $300,000. The policy would be enacted on January 1st, 2021.

A 1% Value-Added Tax

We estimate the budgetary and economic effects of a new broad-based 1 percent value-added tax (VAT) with a progressive universal rebate calculated based on earnings, which is enacted on January 1st, 2021.

Eliminate Itemized Deductions

We estimate the budgetary, economic and distributional effects of eliminating all itemized deductions. The policy would be enacted on January 1st, 2021.

Increase Tax Rates on Capital Gains & Dividends

We estimate the budgetary and economic effects of increasing the top rate on long-term capital gains and qualified dividends from 20 percent to 24.2 percent. The policy would be enacted on January 1st, 2021.

The Social Security 2100 Act

Payroll Tax Holiday

Trade War Scenarios

Options to Increase Charitable Giving Using Tax Incentives

The $2 Trillion Congressional Democrat and White House Infrastructure Proposal

Options to Return Social Security to Financial Balance

70% Top Marginal Rate

Gas Tax

LIFT (Livable Incomes for Families Today) the Middle Class Act

Tax Reform 2.0

Indexing Capital Gains

The Tax Cuts and Jobs Act: Extending Changes to Individual Taxes

Options for Universal Basic Income

All-Out Trade War