Congressional Research Service Reports - Browse

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Taxation of Unemployment Benefits
Unemployment compensation (UC) benefits have been fully subject to the federal income tax since the passage of the Tax Reform Act of 1986 (P.L. 99-514). Individuals who receive UC benefits during a year may elect to have the federal (and in some cases state) income tax withheld from their benefits. This report provides an overview of the taxation of UC benefits and legislation related to taxing UC benefits.
Taxation of Unemployment Benefits
Unemployment compensation (UC) benefits have been fully subject to the federal income tax since the passage of the Tax Reform Act of 1986 (P.L. 99-514). Individuals who receive UC benefits during a year may elect to have the federal (and in some cases state) income tax withheld from their benefits. H.R. 6844 would provide a two-year suspension of the taxation of UC benefits. This report provides an overview of the taxation of UC benefits and legislation related to taxing UC benefits.
Taxation of Unemployment Benefits
Unemployment compensation (UC) benefits have been fully subject to the federal income tax since the passage of the Tax Reform Act of 1986 (P.L. 99-514). Individuals who receive UC benefits during a year may elect to have the federal (and in some cases state) income tax withheld from their benefits. This report provides an overview of the taxation of UC benefits and legislation related to taxing UC benefits.
Taxation of Unemployment Benefits
Unemployment compensation (UC) benefits have been fully subject to the federal income tax since the passage of the Tax Reform Act of 1986 (P.L. 99-514). Individuals who receive UC benefits during a year may elect to have the federal (and in some cases state) income tax withheld from their benefits. This report provides an overview of the taxation of UC benefits and legislation related to taxing UC benefits.
Value-Added Tax as a New Revenue Source
This report discusses the valueadded tax (VAT), which has been frequently discussed as a full or partial replacement for the U.S. income tax system.
Taxation of Hedge Fund and Private Equity Managers
This report provides background on hedge funds and private equity and summarizes the tax issues.
Federal Excise Taxes on Tobacco Products: Rates and Revenues
This report examines increases in excise tax rates on tobacco products contained in the Balanced Budget Act of 1997 (P.L. 105-33). Under that act, the increased rates on tobacco products became effective in two stages. The first scheduled increase in rates occurred on January 1, 2000, while the second increase in rates occurred two years later on January 1, 2002
Spending and Tax Expenditures: Distinctions and Major Programs
This report identifies the largest spending and tax expenditures across eight major categories of federal activity: (1) defense and international affairs; (2) general science, space and technology, natural resources and the environment, and agriculture; (3) commerce and housing, community and regional development, and transportation; (4) education, training, employment, and social services; (5) health, including Medicare; (6) income security; (7) Social Security and veterans' benefits; and (8) administration of justice and general governance.
Major Tax Issues in the 105th Congress: A Summary
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Major Tax Issues in the 109th Congress
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Major Tax Issues in the 109th Congress
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Taxes and Fiscal Year 2006 Budget Reconciliation: A Brief Summary
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Taxes and Fiscal Year 2006 Budget Reconciliation: A Brief Summary
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Value-Added Tax as a New Revenue Source
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Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Value-Added Tax as a New Revenue Source
No Description Available.
Gasoline Excise Tax—Historical Revenues: Fact Sheet
The federal government has levied a tax on gasoline since 1932. This report provides a table that examines this tax since its inception.
Internet Tax Bills in the 105th Congress
This report tracks the evolution and content of the Internet tax freedom bills. In general, the bills would impose a federal moratorium on the ability of state and local governments to impose taxes on certain aspects of the Internet and would establish a temporary federal commission to study selected issues and make policy recommendations.
Short-Run Macroeconomic Effects of Fundamental Tax Reform
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The Marriage Tax Penalty: An Overview of the Issues
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The Marriage Tax Penalty: An Overview of the Issues
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The Marriage Tax Penalty: An Overview of the Issues
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Federal Income Tax Thresholds for Selected Years: 1996 through 2006
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Marriage Tax Penalties: Legislative Proposals in the 106th Congress
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The Potential Distributional Effects of the Alternative Minimum Tax
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Recent Tax Changes Affecting Installment Sales
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Recent Trends in the Federal Tax Burden
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Taxation of Unemployment Benefits
Unemployment compensation (UC) benefits have been fully subject to the federal income tax since the passage of the Tax Reform Act of 1986 (P.L. 99-514). Individuals who receive UC benefits during a year may elect to have the federal (and in some cases state) income tax withheld from their benefits. Legislation was introduced in the 108th Congress that would have repealed the taxation of UC benefits, provided a two-year suspension of the taxation of UC benefits, or transferred the proceeds from taxing UC benefits to the Unemployment Trust Fund. This report provides an overview of the taxation of UC benefits and legislation related to taxing UC benefits.
Transportation Fuel Taxes: Impacts of a Repeal or Moratorium
No Description Available.
Characteristics of and Reporting Requirements for Selected Tax-Exempt Organizations
This report addresses in summary fashion the differences among several kinds of tax-exempt organizations described in Internal Revenue Code [IRC] subsections 501(c)(3), 501(c)(4), 501(c)(5), 501(c)(6), and section 527. Each of these types of organization has a unique statutory definition, is subject to certain statutory limitations on its activities, enjoys certain benefits from obtaining tax-exempt status, and must share certain information with the general public. Following the report is a table which summarizes this information.
2001 Tax Cut: Description, Analysis, and Background
A major tax cut, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA), was enacted in June 2001. This report summarizes the provisions of the bill, analyzes effects, and considers the development of the legislation.
2001 Tax Cut: Description, Analysis, and Background
A major tax cut, H.R. 1836, was enacted in June 2001, but contained sunsetted provisions. The House will consider, the week of April 15, making those tax provisions permanent. This report summarizes the provisions of the bill, analyzes effects, and considers the development of the legislation.
Social Security: Raising or Eliminating the Taxable Earnings Base
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The Federal Excise Tax on Gasoline and the Highway Trust Fund: A Short History
Excise taxes have long been a part of our country's revenue history. The federal government first imposed its excise tax on gasoline at a one-cent per gallon rate in 1932 to correct a federal budgetary imbalance. The burden for much of the tax ultimately falls on the consumer. The Highway Revenue Act of 1956 established the federal Highway Trust Fund for the direct purpose of funding the construction of an interstate highway system and aiding in the finance of primary, secondary, and urban routes. This act increased the tax on gasoline from two to three cents per gallon. President Bush recently signed a piece of legislation that calls for the extension of the Highway Trust Fund excise tax and an eventual expiration after September 30, 2011.
The Federal Excise Tax on Gasoline and the Highway Trust Fund: A Short History
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Capital Gains Taxes: An Overview
The capital gains tax has been a tax cut target since the 1986 Tax Reform Act treated capital gains as ordinary income. An argument for lower capital gains taxes is reduction of the lock-in effect. Some also believe that lower capital gains taxes will cost little compared to the benefits they bring and that lower taxes induce additional economic growth, although the magnitude of these potential effects is in some dispute. Others criticize lower capital gains taxes as benefitting higher income individuals and express concerns about the budget effects, particularly in future years. Another criticism of lower rates is the possible role of a larger capital gains tax differential in encouraging tax sheltering activities and adding complexity to the tax law.
Internet Taxation: Issues and Legislation
The Internet Tax Freedom Act (ITFA) placed a three-year moratorium on the ability of state and local governments to (1) impose new taxes on Internet access or (2) impose any multiple or discriminatory taxes on electronic commerce. The act grandfathered the state and local access taxes that were “... generally imposed and actually enforced prior to October 1, 1998 ....” This report discusses issues of state and local taxation of Internet transactions because commerce conducted by parties in different states over the Internet.
Major Tax Issues in the 108th Congress
No Description Available.
Major Tax Issues in the 108th Congress
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