Committee for a Responsible Federal Budget

Tax Expenditures

Nov 7, 2017 | Blog Paper Press Release | Taxes

The Tax Cuts and Jobs Act Doesn't Comply with the Byrd Rule

While the Tax Cuts and Jobs Act (TCJA) under consideration in the House would satisfy reconciliation instructions requiring it add no more than $1.5...
Taxes_1040 Form
Nov 2, 2017 | Blog Paper Press Release | Taxes

Tax Cuts and Jobs Act Will Cost $1.5 Trillion

According to House Ways and Means Committee Chairman Kevin Brady (R-TX), today's Tax Cuts and Jobs Act will add $1.51 trillion to the debt, before...
Concept_Community
Oct 30, 2017 | Blog Paper Press Release | Taxes

The Mortgage Interest Deduction Should Be on the Table

As efforts for tax reform continue, there will be plenty of discussion about which tax breaks should be retained and which should be reduced or...
Taxes_1040 Form
Oct 11, 2017 | Blog Paper Press Release | Taxes

The State and Local Tax Deduction Should Be on the Table

As tax reform gets underway, there will be disagreement about which tax breaks should be eliminated or reformed and which should remain. There is a...
Concept_Magnifying Glass
Oct 6, 2017 | Blog Paper Press Release | Taxes

Does the State & Local Tax Deduction Mostly Help High-Income Households?

At a press briefing yesterday, White House Press Secretary Sarah Huckabee Sanders defended the fact that the Big 6 tax plan removes the state and...
Taxes_IRS
Sep 27, 2017 | Blog Paper Press Release | Taxes

Big 6 Tax Framework Could Cost $2.2 Trillion

The so-called "Big 6" today released their framework for comprehensive tax reform. While significant detail still needs to be filled in, enough...
Concept_Taxes_Calculator_Business
Sep 25, 2017 | Blog Paper Press Release | Taxes

The Feldstein-Feenberg-MacGuineas Cap Could Be Useful for Tax Reform

As lawmakers gear up for tax reform, they will need options to broaden the tax base and ensure that tax reform doesn’t add to debt. The traditional...
Concept_Scale
Jun 15, 2017 | Blog Paper Press Release | Taxes

Options to Help Pay For the Trump Tax Plan

President Trump's tax reform proposal could cost $5.5 trillion over 10 years, but many of the details that might bring the price tag down have not...
Taxes_IRS
Apr 18, 2017 | Blog Paper Press Release | Taxes

Tax Day 2017: Charts to Explain Our Tax System

To commemorate Tax Day, CRFB and our partners at Fix the Debt have released our annual chartbook on federal taxes. It outlines who pays taxes, what...
Apr 10, 2017 | Blog Paper Press Release | Taxes

Senator Flake Releases "Tax Rackets" Oversight Report

With Tax Day approaching on April 18 and Congress considering tax reform, Senator Jeff Flake (R-AZ) has released an oversight report, Tax Rackets:...

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