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Understanding How the United States Fails to Tax So Much Business Income

Over the past three decades, the United States has gone from taxing roughly half of closely held business (that is, firms other than corporations) and...

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A New Analysis Shows How Much Business Income Goes Untaxed

In a new paper , we show that more than half of the income generated by closely held businesses (that is, firms other than corporations)...

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Marriage Costs Black Couples More Than White Couples At Tax Time

Most years, the Tax Policy Center celebrates Valentine Day with a whimsical analysis of the costs and benefits—tax-wise—of marriage. What’s new this year is that...

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