Taxes

The Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...

This week, a group of senators introduced legislation to suspend the federal gas tax through December 2022 amid rising inflation. We estimate the...

To help finance new spending and tax breaks, the House-passed Build Back Better Act (and the Senate Finance Committee’s version) includes a high...

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...

Last month, we showed that the House-passed Build Back Better Act would cut taxes for roughly two-thirds of those earning more than $1 million per...

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

UPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial estimate of H.R. 5376...

According to press reports, the Senate is considering repealing the $10,000 cap on the state and local tax (SALT) deduction for those making $500,000...

Marc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...