Tracking 2024 Presidential Tax Plans
Tax policy has become a significant focus of the U.S. 2024 presidential election. Our new interactive tool helps keep track of the tax policies proposed by presidential candidates during their campaigns.
The mission of our federal program is to promote tax and fiscal policy that leads to greater U.S. competitiveness, higher economic growth, and improved quality of life for all taxpayers.
We have several projects, such as the Growth and Opportunity Agenda and Options for Reforming America’s Tax Code, which help us educate taxpayers, journalists, and policymakers on how the U.S. tax system works and the impact of federal tax changes on taxpayers and the economy.
Our Center for Federal Tax Policy hosts Tax Foundation University, a crash course designed to educate congressional staff on the economics of tax policy. Our experts are also a go-to source in the media and are frequently cited in top outlets like The Wall Street Journal, The New York Times, and The Washington Post. See Our Experts
Economic and Tax Modeling
Since 2012, we have used our Taxes and Growth (TAG) macroeconomic model to analyze dozens of legislative and campaign tax proposals, including every major tax plan put forth during the 2016 presidential campaigns, the House GOP’s 2016 Tax Reform Blueprint, the Tax Cuts and Jobs Act, and President Biden’s tax reform agenda. See Our Economic and Tax Modeling
For a look at where tax modeling started, explore the extensive body of work from the Institute for Research on the Economics of Taxation (IRET), the think tank that pioneered dynamic tax modeling. Explore the IRET Archives
Featured Issues
Tax Cuts and Jobs Act President Biden’s Tax Plans 2024 Tax Plans
Cost Recovery | Taxes & Inflation | Taxes on Savers & Investors | Tariffs & Trade | Carbon Taxes
Featured Projects
Details and Analysis of Making the 2017 Tax Reforms Permanent
Lawmakers will have to weigh the economic, revenue, and distributional trade-offs of extending or making permanent the various provisions of the TCJA as they decide how to approach the upcoming expirations. A commitment to growth, opportunity, and fiscal responsibility should guide the approach.
18 min read
Details and Analysis of a Tax Reform Plan for Growth and Opportunity
The federal tax code remains a major source of frustration and controversy for Americans, and a hindrance to economic growth and opportunity. Other countries, such as Estonia, have proven that sufficient tax revenue can be collected in a less frustrating and more efficient way.
42 min read
How to Rein in the National Debt
Now is the time for lawmakers to focus on long-term fiscal sustainability, as further delay will only make an eventual fiscal reckoning that much harder and more painful. Congressional leaders should follow through on convening a fiscal commission to deal with the long-term budgetary challenges facing the country.
35 min read
Risks to the U.S. Tax Base from Pillar Two
A growing international tax agreement known as Pillar Two presents two new threats to the U.S. tax base: potential lost revenue and limitations on Congress’s ability to set its own tax policy.
39 min read
How the Moore Supreme Court Case Could Reshape Taxation of Unrealized Income
A major case pending before the U.S. Supreme Court (Moore v. United States) is calling into question provisions on large portions of the U.S. tax base which could quickly become legally uncertain, putting significant revenue at stake.
7 min readAll Related Articles
704 Results
Reforming Rental Car Excise Taxes
The growing number of options that travelers have for rental cars, including peer-to-peer car-sharing arrangements, is an opportunity for policymakers to revisit the policy rationale for these discriminatory taxes.
26 min read
Tax Treatment of Worker Training
15 min read
Testimony: Temporary Policy in the Federal Tax Code
Tax policy can increase the size of the economy by having a positive impact on the incentives to work and invest. However, when tax policy is temporary or retroactive, these positive effects are muted, and policies do not effectively incentivize the intended activity.
20 min read
Analysis of the Cost-of-Living Refund Act of 2019
We estimate that a new proposal to expand the EITC would reduce federal revenue by $1.8 trillion and decrease long-run GDP by 0.29 percent, while boosting labor force participation for low-income tax filers by 822,788 full-time equivalent jobs.
10 min read
The Case for Universal Savings Accounts
21 min read
Evaluating Education Tax Provisions
Research shows that the current menu of education-related tax benefits is not effectively promoting affordability or the decision to attend college. Lawmakers wishing to provide education assistance should reconsider whether the tax code is the best tool to achieve that goal.
21 min read