Tax Expenditures

A recent article in The New York Times entitled " The Corporate Tax Game" details the tricky politics of corporate tax reform, especially when it...

Recent reports from Capitol Hill show momentum for tax reform is building. Both the House Ways and Means and Senate Finance Committees have been...

For the first time in a few days, Tax Day did actually fall on April 15, so hopefully the tax procrastinators out there were able to get their filing...

It's Tax Day, meaning that those who procrastinated spent their weekends trying to work through our overly-complex tax code. The federal code contains...

Getting Congress to take on tax reform will be difficult, but the two lawmakers in charge of the tax-writing committees seem to be committed to...

It is well known that the corporate tax code is littered with tax provisions that cost the government revenue. Today, the U.S. has the highest top...

Yesterday, House Ways and Means Committee Chairman Dave Camp (R-MI) took a hard look at the deduction for state and local income taxes at a hearing on...

Tax expenditures are a frequent subject of this blog, as they are less visible than government spending due to the tax code's great complexity. But...

Tax expenditures have been a hot topic lately as a way to raise additional revenue for a deficit reduction plan that could replace sequestration...

One of the lesser known provisions of the American Taxpayer Relief Act is the extension of the refundable American Opportunity Tax Credit (AOTC)...

Update: The link to the JCT report has been fixed. Today, the Joint Committee on Taxation (JCT) released their annual estimate of each individual and...

Yesterday, CBO issued a report on refundable tax credits, examining many issues involved with the credits. The first refundable credit, the Earned...