Other initiatives may help close the gap over time. This one's in effect right now.
Utah's Mike Lee wants to add a new child tax credit, which could help many families escape income taxes entirely.
Let's say we got rid of every tax advantage churches currently enjoy. The revenue implications would be pretty huge.
One of DC's most accomplished budget wonks was born in December rather than January for tax reasons.
$1,000 more in per-child tax benefits increase the odds of babies being born in December rather than January by 1 percent, a new study finds.
Edie Windsor's newly recognized marriage saved her hundreds of thousands of dollars. Why should marriage matter that much for taxes?
Andrew Fieldhouse of EPI says less progressive taxes alone don't explain the huge rise in inequality in recent years. But what low tax rates spur rich people to do might explain more of it.
Surprise! When the rich get richer, taxes go lower
Conservatives in Britain are blaming Labour's high tax rate for millionaires for causing the rich to flee. But the evidence suggests that doesn't actually happen.
Two factions of economists are arguing over whether we should have sky-high marginal rates. Here's what you need to know.
Wednesday you got to do the math on Mitt Romney's tax plan. Today you get to do the math on President Obama's -- and on Simpson-Bowles.
The administration's new proposal is basically equivalent to half the payroll tax holiday, but is better targeted at the poor.
Mitt Romney doesn't just want to cap deductions and lower rates. He also wants to reverse cuts meant to help the poor.
The cap idea still doesn't pay for Romney's plan, and even if it were adopted, it would mainly benefit the rich.
Past tax reforms might not have increased growth. But more dramatic reforms could.
The U.S. capital gains tax burden is the fourth highest of developed countries.
The Chicago Teachers union has laid out in detail what it wants to do to fix schools. It'll cost over $700 million.
The top 0.1 percent see incomes that are 8.6 percent higher without paying for the rate cuts, and 4.4 percent higher if they're fully financed. Meanwhile, the bottom 95 percent of taxpayers see incomes fall by 1.1 percent if the rate cuts are paid for by cutting tax breaks.