Publications

Publications

Simplify, Simplify, Simplify: The First Principle of Tax Reform

Overhauling the federal tax system is one of the most important steps U.S. political leaders can take to promote economic growth and fairness. It is also that rarest of issues in today’s Washington—one that commands broad support on both sides of the political aisle. For these reasons, the Progressive Policy Institute urges the White House…

Anatomy of a Special Tax Break and The Case for Broad Corporate Tax Reform

Washington policymakers turn to broad tax reform perhaps once in a generation, and now may be such a time. Today’s focus is on the corporate code, the source of most of the complexity and many of the economic problems associated with the U.S. tax system. There are many views about what aspects of the corporate code require reform and how to do…

In Slump, Localities Resort to Excise Taxes

Nobody likes excise taxes—those annoying extra costs people notice only because of how narrow and random they are. They show up on hotel bills and cell phone bills. They are added on to the cost of alcohol, gasoline, and cigarettes. And the list keeps growing. For example, in 2010, Newark, New Jersey, imposed a 5%…

Policy Brief: HomeK Accounts: A Down Payment on Homeownership and Retirement

Two years after the meltdown in the nation’s housing market, housing re- mains weak. Home prices fell to a new low in the first quarter of this year— confirming a feared “double-dip” in the market. Prices are now down nearly 33 percent from their high five years ago. With housing and its related industries—construction, home…

Rebuilding America Is Job One

Amid the high drama of fiscal brinkmanship in Washington, it's easy to forget that reducing budget deficits isn't the biggest economic challenge we face. Even more important is kick-starting the great American job machine and reversing our country's slide in global competition. Critical to both goals is shoring up the decaying physical foundations of national…

Taxing Capital in a Supply-Chain World

Read the entire memo here The post-election wrangle over extending the Bush tax cuts will take place in the worst possible environment for making good policy: A lame-duck Congress facing an artificial deadline to deal with a highly contentious issue after a nasty election. Even from a substantive policy perspective alone, the debate is a…