Tax Expenditures

While the House and Senate each has put forth its own version of the Build Back Better Act reconciliation legislation, the offsets that will be...

As lawmakers continue to debate if and how to address the recently-expired Child Tax Credit (CTC) expansion from the American Rescue Plan, our newly...

As the year comes to a close, lawmakers continue to discuss if and how to extend the American Rescue Plan's one-year Child Tax Credit (CTC) expansion...

So far, nearly every proposal introduced or suggested to change the state and local tax (SALT) deduction cap would be unnecessarily costly and...

To avoid cutting taxes for households making over $1 million, some politicians have suggested eliminating the State and Local Tax (SALT) deduction cap...

Several senators are apparently pursuing "revenue neutral" state and local tax (SALT) deduction cap relief, meaning the cost of increasing the SALT...

This week, the Tax Policy Center (TPC) released new estimates for how the Build Back Better Act will affect the tax burden of individuals at various...

The current version of the Build Back Better Act under consideration in the House would increase the state and local tax (SALT) deduction cap from $10...

Press reports suggest lawmakers are considering adding a two-year repeal of the cap on the deduction for state and local taxes (SALT) to their Build...

The Biden administration recently extended the federal student loan moratorium through January 2022. Under the moratorium, most federal student loan...

According to media reports, Congress is considering reforming, rather than repealing, the $10,000 cap on the deduction for State and Local Taxes (SALT...

This evening, President Joe Biden will unveil the third part of his ambitious “Build Back Better” agenda, the American Families Plan. According to the...