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Jan 10, 2025 | 
urban.org | Robert McClelland |Bowen Garrett |C. Eugene Steuerle |Gordon B. Mermin
Stories, Data Tools, Blogs Stories Data tools Urban Wire In their own words Data@Urban Critical Value podcast Evidence and Ideas for Change
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Aug 12, 2024 | 
taxpolicycenter.org | C. Eugene Steuerle
President Bill Clinton famously declared in his 1996 State of the Union address, “.” He didn’t get it quite right. The era of ever-bigger, or growing, government was over, but big government has been here to stay. The major political parties in most developed democracies have not adapted to the modern fiscal environment. They simply can’t get their numbers to add up and to pay for the changes they advocate. You can see this in the 2024 platforms of the US Democratic and Republican parties.
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Aug 6, 2024 | 
aei.org | C. Eugene Steuerle |JAMES CAPRETTA |Robert Pondiscio
Budgetary policy is entering a critical period. Entitlement outlays are rising faster than gross domestic product, with Social Security and Medicare facing large shortfalls in the coming years. Furthermore, major provisions of the Tax Cuts and Jobs Act of 2017 are scheduled to expire at the end of 2025. Elected leaders are inclined to focus on the immediate effects of their decisions—but a longer-term perspective would encourage bolder and more strategic thinking about what should be done.
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Aug 2, 2024 | 
taxpolicycenter.org | C. Eugene Steuerle
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Jul 2, 2024 | 
taxpolicycenter.org | C. Eugene Steuerle
In Moore v. the United States, the Supreme Court dodged the issue of whether the Constitution allows for the taxation of unrealized income, concluding that the “disagreement over realization” was among “potential issues for another day.” However, Justices Amy Coney Barrett and Samuel Alito, in a concurring opinion, and Justices Clarence Thomas and Neil Gorsuch, in the dissent, declared that realization was a Constitutional requirement. This is not a minor issue.
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Jun 27, 2024 | 
taxpolicycenter.org | C. Eugene Steuerle |Cary Lou
The dependent exemption, the earned income tax credit (EITC), and the child tax credit (CTC), supported at times by Republicans and Democrats alike, help bolster families financially, reduce poverty levels, and provide other positive returns to society. These provisions, rather than education, welfare, or nutrition programs, are now the largest category of federal support for children.
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Jan 10, 2024 | 
taxpolicycenter.org | C. Eugene Steuerle
You may have never heard the name Stanley Surrey, but anytime you read about the efficacy of tax policy, the analysis likely reflects his legacy. Surrey established a model for how policy, not just tax policy, should be conducted within government and how good analysis can positively influence the outcomes. Surrey is best known for promoting the concept of tax expenditures—the characterization of tax preferences as substitutes for direct expenditures.
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Nov 13, 2023 | 
taxpolicycenter.org | C. Eugene Steuerle |Karen Smith
The Congressional Budget Office and government actuaries for decades have shown that Social Security and Medicare remain on unsustainable tracks, but it is often hard to visualize how $100 billion here or $1 trillion there translates in a country with national income of more than $25 trillion. A new report on lifetime Social Security and Medicare benefits and taxes provides a different and useful vantage point.
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Oct 30, 2023 | 
taxpolicycenter.org | C. Eugene Steuerle |Karen Smith |Robert McClelland |Livia Mucciolo
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Oct 26, 2023 | 
nyti.ms | C. Eugene Steuerle |Glenn Kramon |Taylor Maggiacomo
Opinion|Why Do We Enrich Older Americans at the Expense of Everyone Else? https://www.nytimes.com/2023/10/26/opinion/social-security-medicare-aging.htmlGuest EssayOct. 26, 2023, 5:00 a.m. ETC. Eugene Steuerle and Mr. Steuerle co-founded the Urban-Brookings Tax Policy Center. Mr. Kramon is a lecturer at Stanford Business School. Sign up for the Opinion Today newsletter Get expert analysis of the news and a guide to the big ideas shaping the world every weekday morning.
