Last year’s giant tax bill established something unprecedented in the history of the income tax, which sounds dryly technical and thus unobjectionable. It’s called permanent “expensing,” and it allows...

On June 16, The Hamilton Project, the Tax Law Center at NYU Law, and the Urban-Brookings Tax Policy Center will host an event on business tax reform.

It is time we put aside the fiction that we bear no responsibility for an immigration system that is colossally broken or that we owe no thanks or debt of gratitude to the millions of undocumented…

The “One Big Beautiful Bill Act of 2025” (OBBBA), signed into law July 4, 2025, is a sweeping tax-and-spending package that could reshape federal fiscal policy for decades to come.

Policymakers should abandon the Administration’s economically harmful and regressive tariffs and pursue more efficient and equitable revenue-raising policies.

YouTube video by Paul Krugman

<p><span>The estate tax and the broader wealth-transfer-tax system are even more broken than is commonly understood. Over the past two decades, researchers and

This short memo addresses concerns that have been raised under the proposed California Billionaire Tax Act (CBTA or Act) about the valuation of "voting&quo

This report summarizes key provisions of the California Billionaire Tax Act.  It also answers some frequently asked questions.