Tax Expenditures
Latest
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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...
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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 exists...
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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...
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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...
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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...
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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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JCT Estimates Record $1.6 Trillion in Tax Breaks in 2017
The Joint Committee on Taxation (JCT) released a new estimate earlier this year for the cost of tax expenditures over the years 2016-2020. In total...
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Tax Day 2016: Charts to Explain our Tax System
Today is Tax Day! Our partners at Fix the Debt have republished their annual chartbook to explain federal taxes – including who pays them, what they...
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JCT Estimates Over $1.2 Trillion in Tax Breaks in 2015
The Joint Committee on Taxation (JCT) recently released its latest estimate of tax expenditures covering the years 2015-2019. Based on the summed cost...
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Most of Deficit's Decline Because Tax Breaks Aren't Included
Much of the press coverage of the updated projections issued by the Congressional Budget Office last week focused on the fact that the deficit would...
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Tax Day 2015: Charts to Explain Our Tax System
In honor of tax day, CRFB and our partners at Fix the Debt released a Tax Day 2015 chartbook yesterday, with ten charts (and one table) that explain...