Talking Tax and Finance is an ongoing video series of brief conversations with experts in tax policy and tax administration.
Over the course of the series, we’ll provide a balance of viewpoints from soliciting comments from experts with diverse experiences and backgrounds. We look forward to a robust and thoughtful conversation around ideas that can potentially streamline, simplify, and improve the tax system. We hope that you’ll share your thoughts with us and with everyone who comes to our Tax and Financial Center site. We want this to be a robust dialogue and we want you to be a part of it.
While every situation is different, tax filing remains a challenge for millions of households, especially taxpayers living in non-traditional family arrangements. Elaine Maag (Urban-Brookings Tax Policy Center), H. Elizabeth Peters (Urban Institute), and Francesca Jean-Baptiste (CASH Campaign of Maryland) discuss how changing family dynamics have significant consequences at tax time.
Leslie Book discusses how insights from behavioral economics can improve tax compliance, specifically the administration of the Earned Income Tax Credit (EITC). He explains how behavioral economics can be applied to improve the tax filing process, helping taxpayers reduce errors and helping the IRS ensure that Americans are getting the refund they are owed.
Perianne discussed the policies surrounding blockchain technology and the tax administration challenges associated with virtual currency transactions. She explains how these technologies and digital assets have revolutionized the way people think about money and highlights the tax policy implications that have resulted from their growth.