Erica York Journalist Profile

Articles

The Unsustainable U.S. Debt Course and Impacts of Potential Tax Changes

Jan 14, 2025 | taxfoundation.org | Erica York |Alex Durante |Garrett Watson |William McBride |William Mcbride

Note: “The Sustainability of U.S. Debt and Potential Reforms: Fiscal Rules, Spending and Taxes, and a Fiscal Commission,” which has been published in final form in Public Budgeting & Finance at https://doi.org/10.1111/pbaf.12381. This article may be used for non-commercial purposes in accordance with the Wiley Self-Archiving Policy (http://www.wileyauthors.com/self-archiving).
The sustainability of U.S. debt and potential reforms: Fiscal rules, spending and taxes, and a fiscal commission

Nov 28, 2024 | onlinelibrary.wiley.com | William McBride |William Mcbride |Erica York |Alex Durante |Garrett Watson

REFERENCES , and . 2022. “How Fiscal Restraint Can Help Fight Inflation.” IMF, https://www.imf.org/en/Blogs/Articles/2022/11/21/how-fiscal-restraint-can-help-fight-inflation , , , and . 2020. “The Impact of Bundled Payment on Health Care Spending, Utilization, and Quality: A Systematic Review.” Health Affairs, https://www.healthaffairs.org/doi/pdf/10.1377/hlthaff.2019.00784 , , and . 2012.
Who Pays Federal Income Taxes? Latest Federal Income Tax Data

Nov 18, 2024 | taxfoundation.org | Erica York

New Internal Revenue Service data for taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. year 2022 shows the US federal income tax system continues to be progressive as high-income taxpayers pay the highest average income tax rates.
Questions About Tax Cuts, Tariffs, and Reconciliation After the Election

Nov 13, 2024 | taxfoundation.org | Erica York |Garrett Watson |William McBride |William Mcbride |Kyle Hulehan

The clear election victory for Republicans means they will retake the White House, Senate, and (by a slim margin) the House next year, putting them in the driver’s seat to determine the direction of taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. reform.
How Will Trump’s Universal and China Tariffs Impact the Economy?

Nov 8, 2024 | taxfoundation.org | Erica York |Milly Higgs

President-elect Trump has promised to impose steep new taxes on trade, including a 10-20 percent tariff on all imports, at least a 60 percent tariffTariffs are taxes imposed by one country on goods imported from another country. Tariffs are trade barriers that raise prices, reduce available quantities of goods and services for US businesses and consumers, and create an economic burden on foreign exporters. on Chinese imports, and a 25-100 percent tariff on Mexican imports.
Post-Election Analysis: Trump’s Tax Plans and Economic Impact

Nov 8, 2024 | taxfoundation.org | Kyle Hulehan |Dan Carvajal |Erica York

Join hosts Kyle Hulehan and Erica York in this episode of The Deduction as they break down the US taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policy implications of Donald Trump’s next presidential term.
Revenue Estimates of Trump’s Universal Baseline Tariffs

Nov 6, 2024 | taxfoundation.org | Erica York |Kyle Hulehan

President-elect Donald Trump has proposed to implement a universal baseline tariffTariffs are taxes imposed by one country on goods imported from another country. Tariffs are trade barriers that raise prices, reduce available quantities of goods and services for US businesses and consumers, and create an economic burden on foreign exporters. on imports when he takes office.
Details and Analysis of Repealing Head of Household Filing Status

Nov 6, 2024 | taxfoundation.org | Garrett Watson |Erica York |Kyle Hulehan

As lawmakers prepare for the debate over the expiration of the 2017 TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Cuts and Jobs Act (TCJA), they may face increasing pressure to offset the cost of lowering tax rates by changing other parts of the tax code.
Can Trump's Tariff Plan Really Replace the Income Tax? | 2024 Election Insights

Oct 30, 2024 | taxfoundation.org | Kyle Hulehan |Dan Carvajal |Erica York

Can tariffs truly replace income taxes in today’s economy? In this episode, we examine the bold and controversial proposal from former President Trump to replace income taxes with tariffs. What would this dramatic shift mean for everyday Americans, particularly those with lower incomes? And would it actually work?
Trump’s Income Tax Math Doesn’t Add Up

Oct 29, 2024 | taxfoundation.org | Erica York

Why 19th-century tariffTariffs are taxes imposed by one country on goods imported from another country. Tariffs are trade barriers that raise prices, reduce available quantities of goods and services for US businesses and consumers, and create an economic burden on foreign exporters. policies don’t work in 21st-century America.