Taxes
Latest
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CBO Estimates TCJA Extensions Could Cost Up to $2.7 Trillion
Read moreThe Congressional Budget Office's (CBO) latest baseline spells out what the federal budget will look like under current law, but also estimates the... -
Presentation: Can Carbon Taxes Fund Climate Investments?
Read moreOn June 13, 2022, Marc Goldwein of the Committee for a Responsible Federal Budget gave a presentation to attendees of the 2022 Citizens’ Climate Lobby... -
Event Recap: Fiscal Solutions to Climate Change
Read moreOn May 17, the Committee for a Responsible Federal Budget hosted an event on the "Fiscal Solutions to Climate Change." The virtual event featured a... -
Can a Carbon Tax Fund Climate Investments?
Read moreThough the Senate will not consider the House-passed Build Back Better Act (BBB), there has been some discussion of reviving the legislation’s climate... -
Heritage Foundation Releases 2022 Budget Blueprint
Read moreThe Heritage Foundation recently released their 2022 Budget Blueprint, a list of over 200 specific policy proposals that would “roll back excessive... -
Maya MacGuineas: Say no to a gas tax holiday
Read moreMaya 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... -
Gas Tax Holiday Would Cost $20 Billion
Read moreThis week, a group of senators introduced legislation to suspend the federal gas tax through December 2022 amid rising inflation. We estimate the... -
Policymakers Shouldn't Weaken Build Back Better Surtax
Read moreTo help finance new spending and tax breaks, the House-passed Build Back Better Act (and the Senate Finance Committee’s version) includes a high... -
Build Your Own Child Tax Credit 2.0
Read moreUPDATE (August 2023): We have released an updated web-based version of the CTC model. You can find the model here. As lawmakers continue to debate if... -
Build Your Own Child Tax Credit
Read moreUPDATE (August 2023): We have released an updated web-based version of the CTC model. You can find the model here. As the year comes to a close... -
New SALT Proposals Would Improve House Bill
Read moreSo far, nearly every proposal introduced or suggested to change the state and local tax (SALT) deduction cap would be unnecessarily costly and... -
Two-Thirds of the “One Percent” Get a Tax Cut Under Build Back Better, Due to SALT Relief
Read moreLast 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...