Tax Expenditures

In counting down to tax day, we’ve already shown that we don’t raise as much in revenue as we spend, and how this is partially the result of costly...

In the complexity that is our tax system, there’s a special group of tax law provisions that significantly change how the regular tax rates affect...

Rescuing us from the disaster that is the U.S. tax code while reducing the federal debt will require nothing short of a superhuman feat; Senators Ron...

Earlier this week the Joint Committee on Taxation (JCT), the congressional group that provides cost estimates and tax expertise to Congress, issued...

The Senate has reached a consensus on the issue of extending the homebuyer’s tax credit, first implemented in the stimulus bill. The tax credit was...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal criticized Congress for attacking...

Recently, the Bureau of Labor Statistics (BLS) reported on the results of the Economic Stimulus Payments, or tax rebates, of early 2008. Those who...

Today Congressional Quarterly reported that Congress is feeling pressure to extend the tax credit for homebuyers that was included in the stimulus...