Tax Policy Center

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Tax Policy Center
TPC Square Only Color.png
Abbreviation TPC
Formation 2002
Type Public Policy Think Tank
Headquarters Washington, D.C.
Robert C. Pozen director
Leonard Burman
Website www.taxpolicycenter.org

The Tax Policy Center (TPC), officially the Urban-Brookings Tax Policy Center,[1][2][3] is a non-partisan research center based in Washington D.C.[4] A joint venture of the Urban Institute and the Brookings Institution, it aims to provide independent analyses of current and longer-term tax issues, and to communicate its analyses to the public and to policymakers. TPC combines national specialists in tax, expenditure, budget policy, and microsimulation modeling to concentrate on five overarching areas of tax policy: fair, simple and efficient taxation, social policy in the tax code, business tax reform, long-term implications of tax and budget choices, and state tax issues.

History

In 2002, tax specialists who had served in the Ronald Reagan, George H.W. Bush, and Bill Clinton administrations established the Tax Policy Center to provide analysis of tax issues. The following year TPC developed a tax simulation model to analyze the federal income tax and proposals to change it. That model has evolved to incorporate new and additional data, changes in federal tax law, and other aspects of the tax system and the economy.

Staff

Leonard Burman is the Robert C. Pozen Director of the Tax Policy Center. Co-Directors are William Gale, Arjay and Frances Miller Chair in Federal Economic Policy at the Brookings Institution, and Eric Toder, Institute Fellow at the Urban Institute. Donald Marron, former member of the President's Council of Economic Advisers and former acting director of the Congressional Budget Office, was Director of TPC from 2010 to 2013. The Center's TaxVox blog is led by tax correspondent Howard Gleckman.[5]

Current analyses

TPC publications examine the impacts of a variety of tax issues. A 2012 report outlined the then-presidential candidates' tax proposals and analyzed their distributional and revenue impacts.[6] Other studies have examined the 2001-2006 tax cuts,[7] the alternative minimum tax,[8] the impact of tax provisions on low-income families,[9][10][11] and tax incentives for education.[12] An extensive collection of tables provides estimates of the impact of current taxes as well as the implications of proposals to change tax law.

TPC representatives have testified before the United States Congress regarding tax and health care reforms.[13][14][15] TaxVox, the TPC blog, discusses current tax and budget issues.[16] The Tax Policy Briefing Book is an on-line collection of short articles that explain a range of tax issues.[17] Entries offer background information, describe key elements of the tax system, propose changes to improve the tax system, and provide information on state and local tax policy. The center has also collected various data tables in "Tax Facts" which cover aspects of the U.S. tax system, ranging from tax rates and revenues collected to changes over time in state and local tax collections. TPC’s State and Local Finance Data Query System (SLF-DQS) provides tools with which users can create their own tables related to state and local finances based on data from the Census of Governments State and Local Finance series.

Funding

TPC is funded by individuals, corporations, trade groups, and foundations including the Ford Foundation, the Bill and Melinda Gates Foundation, and the Rockefeller Foundation.[18]

References

  1. "Urban-Brookings Tax Policy Center - About Us"
  2. "Brookings Institution - Urban-Brookings Tax Policy Center"
  3. "About the Tax Policy Center"
  4. "Tax Policy Center in Spotlight for Its Romney Study" by Annie Lowrey, New York Times, October 24, 2012
  5. Tax Policy Center Staff page
  6. "An Updated Analysis of the 2008 Presidential Candidates' Tax Plans: Updated September 12, 2008" by Leonard E. Burman, Surachai Khitatrakun, Greg Leiserson, Jeff Rohaly, Eric Toder, and Roberton Williams
  7. "Distribution of the 2001-2006 Tax Cuts" by Greg Leiserson and Jeff Rohaly
  8. "The Individual Alternative Minimum Tax: Historical Data and Projections" by Greg Leiserson and Jeff Rohaly
  9. "Refundable Credits Have Cut Taxes for Low-Income Households" by Roberton Williams
  10. "Reforming the Child and Dependent Care Tax Credit" by Jeff Rohaly
  11. "Eligibility for Child Tax Credit by Age of Child" by Leonard E. Burman and Laura Wheaton
  12. "Subsidizing Higher Education Through Tax and Spending Programs" by Elaine Maag, David Mundel, Lois Rice, and Kim Rueben
  13. "Tax Reform and Taxation of Small Business: Testimony before the United States Senate Committee on Finance" June 5, 2008. Eric Toder
  14. "Individual Taxpayers and Federal Tax Reform: Testimony before the United States Senate Committee on Finance" May 14, 2008. William Gale
  15. "A Blueprint for Tax Reform and Health Reform: Testimony before the United States Senate Committee on Finance" May 13, 2008. Leonard E. Burman
  16. TaxVox
  17. The Tax Policy Briefing Book, A Citizens' Guide for the 2008 Election and Beyond
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External links